Episode 192 • • 1:31:30 - 1:34:00
192: Smoke Gets In Your Eyes
JPMorgan Chase Mortgage Protest, SEC Goldman Sachs Lawsuit
David Lohman, the head of mortgages at JPMorgan Chase, was confronted by a group of borrowers during a hearing after suggesting they "come to him" for help. Meanwhile, the SEC's lawsuit against Goldman Sachs is viewed as a superficial gesture that will likely result in a fine rather than jail time for executives. The $100 million potential fine is described as insignificant compared to the scale of the alleged financial scams.