JP Morgan is being investigated and investigated and they find all kind of vicious stuff. But is anyone ever going to be brought to justice? I don't think so, because plenty of rats are leaving the ship. DCFM

"The 70-page document also took aim at a top bank executive, Blythe Masters. A seminal Wall Street figure, Ms. Masters is known for helping expand the boundaries of finance, including the development of credit default swaps, a derivative that played a role in the financial crisis.

The regulatory document cites her supposed “knowledge and approval of schemes” carried out by a group of energy traders in Houston. The agency’s investigators claimed that Ms. Masters had “falsely” denied under oath her awareness of the problems and said that JPMorgan had made “scores of false and misleading statements and material omissions” to authorities, the document shows."

http://finance.yahoo.com/news/jpmorgan-caught-swirl-regulatory-woes-020004769.html