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JP
Morgan Chase screws troops
...and they've been doing it for years
JP Morgan Chase admits it has
overcharged several thousand military families for their mortgages,
including families of troops fighting in Afghanistan. The bank also
tells NBC News that it improperly
foreclosed on more than a dozen military families.
The admissions are an outgrowth of a lawsuit filed by Marine Capt.
Jonathan Rowles. Rowles is the
backseat pilot of an F/A 18 Delta fighter jet and has served the nation
as a Marine for five years.
He and his wife, Julia, say they’ve been battling Chase almost that
long.
The dispute apparently caused the bank to review its handling of all
mortgages involving active-duty
military personnel. Under a law known as the Servicemembers Civil
Relief Act (SCRA), active-duty
troops generally get their mortgage interest rates lowered to 6 percent
and are protected from foreclosure.
Chase now appears to have
repeatedly violated that law, which is designed to protect troops and
their families from financial stress while they’re in harm's way.
Let me guess:
Obama's Justice Department is going to insist on a million dollar fine with no jail time for anybody
even tho JP Morgan Chase probably made BILLIONS in profits last year.
Can you believe NOBODY went to jail for stealing TRILLIONS from America under Fuhrer Bush,
but they're going after weasel John Edwards to see what he knew about paying Rielle Hunter?
Christ, we live in a fucked-up country.
Don't investigate the TRILLIONS stolen by the Bush bastards,
but go after the HUNDREDS John Edwards might've paid his girlfriend.
The Bible has it wrong.
It is easier for a camel to go through the eye of a needle
than for a rich banker bastard to go to jail for screwing the poor.