JP Morgan just got a huge bailout - they are going to outsource more jobs - Should I change to a US only bank?

The top execs of Chase should be first on the court docket to answer for what appears by all evidence to be criminal behavior. It's quite a list. Earlier this year, Chase admitted complicity in the failure of competitor WAMU in 2008, whose assets were gifted by the FDIC to Chase after the sudden closure.

These assets included billions in unsecured high interest credit card debt. Chase paid a large settlement (though certainly much less than its ill-gotten gains) in return for having the terms sealed with a gag order. Chase was them shown have back-loaded variable interest home mortgages to U.S.. military personnel, especially those who were fighting overseas, and foreclosing.

This makes Chase's current ad campaign featuring its announced plan to hire 100,000 returning veterans about as sincere as the well-known Mafia tradition where an assassin would send the largest wreath to the funeral of one he murdered. There's an easy short-term solution, and fair. Immediate amnesty of all unsecured and credit card debt to banks which received bailout money, especially to those clients who have continued to pay arbitrary and high interest payments resulting from the banks scheme of selling debt to one another, which became illegal on February 22, 2010.

After all, it's the same middle class taxpayer that bailed out the banks who pay those inflated notes! As far as mortgages like yours, I can't comment without further information. But it is relevant that Chase was among the banks which created and leaked a policy known as "Liar's Loans", where mortgages were granted to any and all who applied without regard for income or collateral.

The purpose of this policy was to use such mortgages (which in themselves were the basis for enormous self-distibuted bonuses to Chase officers) -- to use them as the basis for highly leveraged bonds. These in turn were declared on Chase and other banks' ledgers at 100% of face value. With leverage in both the mortgages and bonds often at 90%, bank profits were "increased" by a factor of 90 times 90, or some 8000 times over any real money invested.

This in turn drove up bank stock prices and executives took enormous bonuses on these "profits" as well, once again based on plateaus which they themselves established in-house. Believe it or not, this practically worthless bond paper, printed by the banks themselves, then became the sole "collateral" of new bonds -- which constituted the so-called "Derivative Market". FED chairman Greenspan (and his acolyte, Larry Summers, Obama economic advisor and the architect of the repeal of Glass-Steagall which enabled the scam) -- both actively prevented any investigation into possible fraud by banking officers in creating and marketing derivatives, despite explicit warnings of this possibility from the Department of Commerce, the governmental regulating body.

There are only the most flagrant, public, and obvious examples of Chase miscreance. To me there is plenty to warrant criminal indictment, and not some superfluous civil thing like this week's by the SEC against the CEOs of Fanny Mae and Freddy Mac. It's the only way to restore confidence in the marketplace both on Wall Street and on Main Street: call a spade a spade and punish those who actually stole from the American economy with jail time.

We had a dose of the nonchalance these men have toward their acts and the suffering they have caused in seeing former NJ Governor John Corzine respond to Congressional Sub-Committee questions about the $1.5 Bn which disappeared from the investment firm he headed (!) with "I simply have no idea where the money went." It's worth noting that Obama's Secretary of the Treasury Tim Geithner has championed a bill which would actually exempt all those involved in the 2008 crash and any collusion or criminal intent that led to it from present and future prosecution. And of course there's the extraordinary Supreme Court decision last year which deemed corporations as "individuals" who enjoy 1st Amendment rights.

So, it appears that even if indictments are one day brought for criminal activity, the executives themselves might escape being named individually at all. What do you do? Put JP Morgan Chase, Goldman-Sachs, Citibank, and Bank of America behind bars?

Their officers are, as the saying goes, laughing all the way to the bank. Everywhere, the honest man's handshake has been replaced with the conspirator's wink. The American public has been completely robbed of both present and future, and the Founding Fathers are rolling in their graves.

So sorry to here of your eviction! And Titou echo my sentiments! The bail-out money should have been given to the people rather than the banks!

There are banks that are donating foreclosed houses to local governments rather than pay the property taxes. And I believe 60 minutes reported that in Cleveland they are simply tearing down foreclosures that don't sell. I thought we were better than this!

You would think they would have just an ounce of decency and reduce the mortgage/payments and let people stay in their homes. My heart is with you.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.