Chaitman, who wrote a book called "JP Madoff," documented that JP Morgan Chase paid nearly $36 billion in fines for various crimes just in the last four years. Chaitman says all the big banks are basically criminal organizations, and "all of them regularly engage in fraud." Chaitman also says, "I could have written this book about HSBC, Bank of America or Citi Group. All the banks, and the government encourages them to do this, all of the banks have been operating like criminal enterprises. . . . The bankers have become such criminals it threatens the entire world economy."
Comment: It should be clear to everyone that high financial crime is not only standard business procedure, but also protected by government and its lapdog news media.