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Revealed: JPMorgan Paid $190,000 Annually to Spouse of Bank's Top Regulator

When will we stand up to Wall Street and their sycophants in Congress and say: “ENOUGH!”

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Yesterday we learned that the National Futures Association (NFA), whose Board of Directors consists of industry insiders, failed to detect yet another rogue commodities firm that has absconded with hundreds of millions of customer funds.  NFA’s other ward, MF Global, collapsed in October of last year and $1.6 billion of missing customer funds is yet to be located.

We’ve reached the point of no return here in the U.S.  We are either going to continue to tolerate depraved Wall Street cartels to regulate themselves, to churn our economy and our life savings into oblivion or we are going to stand up to Wall Street and their sycophants in Congress and thunder: “ENOUGH!”
 

Pam Martens worked on Wall Street for 21 years. She is the editor of Wall Street On Parade .

 
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