Is NYPD Police Commissioner Ray Kelly is About to Take a Job at JP Morgan?

Thought the revolving door couldn’t get any worse? Think again. The Banana Republicization of these United States is now traveling at hyperloop speed. It’s one thing for folks at the SEC and Congress to jump ship for Wall Street, but the head of the country’s largest police force going to JP Morgan? This is particularly timely since it was just yesterday that I published an article titled: How the NYPD is in Bed with JP Morgan.

NYPDbankster

If this is true, what an incredible slap in the face to all New Yorkers. If you don’t get that you live in neo-feudalism by now, you never will.

From the New York Post:

Police Commissioner Ray Kelly is in advanced talks to take the top security job at JPMorgan Chase Inc. – and he may leave his current post before Bill De Blasio is sworn in, The Post has learned.

De Blasio, a sharp critic of Kelly’s stop-and-frisk policy, was widely expected to name a different top cop.

Kelly’s potential position with JPMorgan Chase would make him responsible for security at the giant financial firm, with emphasis on cyber-security, people familiar with the ongoing talks said.

Kelly’s new job could come with a seven-figure package of salary and bonuses.

Kelly has a great rapport with JPMorgan’s senior leaders, in particular Chief Executive Jamie Dimon.

NYPD spokesman John McCarthy would only say, “the story is false.”

Still confused about who runs this country? Enjoy your indentured servitude.

Full article here.

In Liberty,
Mike

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  1. Why Does JPMorgan Still Have A Banking License?

    I was, well, still am, reading up on the latest developments in the wonderful world of Libor, and the name JPMorgan pops up a lot in connection with all that. There’s of course the recent -probably still tentative – $13 billion settlement with the US Justice Department. Seeing all the separate cases that have either been settled or are under active investigation in which JP Morgan is mentioned, along with a couple small lists in the WaPo And HuffPo, I figured it might be a good idea to make a more complete list (though I have no doubt I could make it twice as long) of actually investigated cases America’s largest bank is a part of.

    JPMorgan’s total assets amount to $2.509 trillion, its derivatives exposure is $70-$80 trillion, and it’s certainly too big to fail and systemically important. But seeing a list like this, how can anyone not wonder that if this is what the system depends on, the system itself is so rotten we need to get rid of it? I mean, what does it take, a modern day version of the Untouchables? Not that I think they’d get JPMorgan for tax evasion, mind you. But right now, nobody gets them for anything at all, except for a few billion here and there in fines that the perpetrators themselves don’t even get to pay. The $13 billion settlement is only just over a third of what JPMorgan is spending on lawyers to defend itself and it executives.

    My guess is that should be more than enough to revoke JPMorgan’s banking license, at least temporarily. Instead, the bank keep posting huge profits and the executives involved in all these cases keep receiving huge bonuses. Of course there are people honestly trying to hold Jamie Dimon and his gang responsible for their actions. But as long as they can’t be simply put out of business, as anyone in just about any other sort of business would, it’s not much use. Fines and settlements are a waste of time and money if someone else winds up paying them. And what does it say about America if it feels that it must let these guys get away with everything and anything? In my mind’s eye, I see one of those typical endings to an old John Ford western, with both the spirit and the rule of law riding off into the sunset.
    http://www.theautomaticearth.com/Finance/why-does-jpmorgan-still-have-a-banking-license.html

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