Black People Politics : Eric Holder Takes $77 Million Job With JPMorgan Chase

Discussion in 'Black People Politics' started by RAPTOR, Sep 29, 2014.

  1. RAPTOR

    RAPTOR Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Sep 12, 2009
    Messages:
    6,893
    Likes Received:
    3,609
    Gender:
    Male
    Ratings:
    +4,097
    Just after announcing his resignation as U.S. attorney general, Eric Holder has accepted a top job with
    Wall Street finance giant JPMorgan Chase.

    Starting in early November, Holder will serve as JPMorgan Chase’s chief compliance officer, where his
    responsibilities will include lobbying Congress on the company’s behalf and ensuring it “gets the
    best deal possible”
    from any new proposed financial regulations. Holder will also fetch morning
    coffee and breakfast orders for CEO Jamie Dimon and board members.

    For his efforts, Holder will earn an annual salary of $77 million plus bonuses for a job well done.

    Read more: http://dailycurrant.com/2014/09/26/eric-holder-takes-77-million-job-with-jpmorgan-chase/
     
  2. RAPTOR

    RAPTOR Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Sep 12, 2009
    Messages:
    6,893
    Likes Received:
    3,609
    Gender:
    Male
    Ratings:
    +4,097
    This may explain how/why holder is getting the hook-ups regarding the article:

    Eric Holder didn't send a single banker
    to jail for the mortgage crisis. Is that justice?

    The telling sentence in NPR’s report that US attorney general Eric Holder
    plans to step down once a successor is confirmed came near the end of the story.

    “Friends and former colleagues say Holder has made no decisions about his next professional perch,” NPR writes,
    “but they say it would be no surprise if he returned to the law firm Covington & Burling, where he spent years representing corporate clients.”

    A large chunk of Covington & Burling’s corporate clients are mega-banks like JP Morgan Chase, Wells Fargo,
    Citigroup and Bank of America. Lanny Breuer, who ran the criminal division for Holder’s Justice Department, already returned to work there.

    In March, Covington highlighted in marketing materials their award from the trade publication
    American Lawyer as “Litigation Department of the Year,” touting the law firm’s work in getting clients accused of financial fraud off with slap-on-the-wrist fines.

    Covington, American Lawyer says, helps clients “get the best deal they can.”

    Holder has a mixed legacy: excellent on civil and voting rights, bad on press freedom and transparency.

    Read more: http://www.theguardian.com/money/us.../eric-holder-resign-mortgage-abuses-americans

     
  3. HODEE

    HODEE Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Jul 2, 2003
    Messages:
    4,912
    Likes Received:
    613
    Gender:
    Male
    Occupation:
    (RF) Technician
    Location:
    ( Alonewolf ) California.. by way of the LOU
    Ratings:
    +795
    His job will be paying him well. But his assignment is to stop the continued litigation and possible future repercussions of that mortgage melt down mess. I just got a lawsuit notice that National City Mortgage owes me a few dollars from the sub-prime fiasco. They were my initial lender then I was sold on the block to GMAC who kept pimping me out.
     
  4. skuderjaymes

    skuderjaymes Contextualizer Synthesizer MEMBER

    Country:
    Japan
    Joined:
    Nov 2, 2009
    Messages:
    8,757
    Likes Received:
    5,870
    Occupation:
    independent thoughtist thinker, context linker
    Location:
    theory to application to discussion to percussion
    Ratings:
    +6,043

    you know the daily currant is a fake news site right?...

    http://en.wikipedia.org/wiki/The_Daily_Currant

    seek and ye shall find...
     
  5. Enki

    Enki The Evolved Amphibian STAFF

    Country:
    United States
    Joined:
    Aug 27, 2010
    Messages:
    8,153
    Likes Received:
    4,926
    Gender:
    Male
    Occupation:
    Civil Eng.
    Location:
    The Third Plane of Existence
    Ratings:
    +5,928
    LoL...

    You see, too much back scratching. Hell he may have dirt on them that they know he could still use, so why not reel him in quick.

    Peace!
     
  6. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Jun 18, 2004
    Messages:
    32,017
    Likes Received:
    11,483
    Gender:
    Male
    Occupation:
    retired computer geek
    Location:
    north philly ghetto
    Ratings:
    +13,745
  7. Kemetstry

    Kemetstry going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Feb 19, 2001
    Messages:
    20,980
    Likes Received:
    5,250
    Gender:
    Male
    Occupation:
    Chemist
    Location:
    Detroit
    Ratings:
    +6,148
    The brother cashed in. Good





    .
     
  8. RAPTOR

    RAPTOR Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Sep 12, 2009
    Messages:
    6,893
    Likes Received:
    3,609
    Gender:
    Male
    Ratings:
    +4,097
  9. Black-king

    Black-king Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Sep 13, 2011
    Messages:
    1,943
    Likes Received:
    715
    Gender:
    Male
    Ratings:
    +720
    How could he have sent the bankers to jail when he worked for them.
     
  10. RAPTOR

    RAPTOR Well-Known Member MEMBER

    Country:
    United States
    Joined:
    Sep 12, 2009
    Messages:
    6,893
    Likes Received:
    3,609
    Gender:
    Male
    Ratings:
    +4,097
    Which, I suppose, falls in line with the point the website satirically was making.
     
Loading...