18.01.2014 - 18:43 [ Buzz Flash ]

Chicago Alderwoman Proposes City Stop Doing Business With JPMorgan Chase After It Admits to Illegal Actions

Hairston argues that JPMorgan Chase should be treated like any other person or business prohibited from doing business with the city:

“The bank has violated the city code by making admissions of dishonesty and deceit in the way they dealt with their investors in the mortgage securities and Bernie Madoff Ponzi scandals,” Hairston [said].