This discussion is worthwhile and rare. You don’t see Ms Chaitman much on main stream business media because she is suing JP Morgan for their enabling role as banker/account custodian to the Madoff fraud. She explains why here.
“Attorney Helen Chaitman, who represents victims of the Bernie Madoff $65 billion fraud, contends the big banks are like mobsters. Chaitman says, “There is no question about it. They operate illegally because they can generate huge profits by doing so. They go from one crime to another, and when they get caught committing one crime, nobody gets fired. Nobody disgorges bonuses. They just take those people and put them in a new area where they haven’t yet been prosecuted.” See more at Chaitman’s web site: JPMadoff.com
Here is a direct video link.
Here is the interview Chaitman mentions that was booked for 6 minutes with Fox Business and was truncated to just over 2 min once she explained she was suing JP Morgan. Here is a direct video link.
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