JP Morgan-Chase paid its billions in fines for mortgage fraud by committing billions in mortgage fraud

It’s not JP Morgan-Chase that does this. JP Morgan Chase is an abstract concept. It’s the people who work at JP Morgan Chase that do it. It’s the responsible individuals that need to be outed, shamed and prosecuted where applicable. Blaming and punishing the companies is misdirected, achieves nothing, and simply allows the guilty people to carry on exactly as before.

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