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User Info MFer Global: Clawbacks AND Handcuffs NOW!; entered at 2012-03-24 13:22:52
Debtpie
Posts: 534
Registered: 2009-12-17
"Even if JPMorgan did not suspect the funds were MF customer funds, they should still be subject to clawback. "

Exactly! Stolen goods are stolen goods; it does not matter whether or not the thief signs off on them not being stolen.

Barry Zubrow covered his azz, but JPM still has to give the money back...that's the minimum penalty for dealing in stolen merchandise whether you knew it was stolen or not.

Last modified: 2012-03-24 13:24:59 by debtpie

2012-03-24 13:22:52