the-9-billion-witness-20141106?page=6

11/18/2014

In this investigative article, Rolling Stone profiles Alayne Fleischmann, a former JPMorgan Chase employee turned whistleblower who exposed fraudulent practices within the bank leading up to the 2008 financial crisis. The article delves into the high-risk mortgage securities that JPMorgan Chase was selling to investors, despite knowing they were based on faulty loans. It highlights how Fleischmann's attempts to raise concerns were dismissed by her superiors and how the bank ultimately settled for $9 billion without admitting guilt. The article sheds light on the culture of greed and deception within the banking industry and the lack of accountability for those responsible.

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