Better Markets v DOJ and Eric Holder as USAG-14-00190

National Debt

national debt

Regulators

Mortgage Related

Government Sponsored

Announcement Date: February 1, 2016

better-markets-logo

The public interest group Better Markets filed suit against the Department of Justice and Eric Holder alleging that the so-called $13 billion settlement that the Federal government entered into with the nation’s biggest bank was improper due to its secrecy and lack of third-party review.  The complaint alleges that “this contract was the product of negotiations conducted entirely in secret, behind closed doors, in significant part by the Attorney General personally, who directly negotiated with the CEO of JP Morgan Chase, the bank’s ‘chief negotiator.'”  Thus, the Executive Branch, through DOJ, acted as investigator, prosecutor, judge, jury, sentencer, and collector, without any review or approval of its unilateral and largely secret actions.  The suit asserts that the Executive Branch simply does not have the unilateral power or authority to act in this manner merely entering into contract with the private entity without any constitutional checks and balances.

image: Better Markets

about-us-_-better-markets

home-_-better-markets seperation-of-power-doctrine

better-markets-v-doj-and-eric-holder-as-usag-doc-1-complaint-highlighted-february-10-2014

 

 

better-mkts-v-doj-february-10-2014

 

better-markets-v-doj-holder-usag-doc-12-govt-motion-to-dismiss-april-5-2014

better-markets-v-doj-holder-usag-doc-12-8-fdic-settlement-may-19-2014

better-markets-v-doj-holder-as-usag-doc-12-3-annex-2-consumer-relief-may-19-2014

better-markets-v-doj-holder-as-usag-doc-12-5-new-york-release-may-19-2014

better-markets-v-doj-holder-as-usag-doc-12-6-fhfa-settlement-may-19-2014

better-markets-v-doj-holder-as-usag-doc-12-8-fifa-release-may-19-2014

better-markets-v-doj-holder-as-usag-doc-14-memo-in-opp-to-motion-to-dismiss-july-7-2014

better-markets-v-doj-holder-as-usag-doc-18-judges-memoand-opinion-march-18-2015

better-markets-v-doj-holder-as-usag-doc-19-judges-order-dismissing-case-march-18-2015

better-markets-v-doj-holder-as-usag-14-00190-docket-as-of-march-19-2015

u-s-rejects-challenge-to-13-billion-jpmorgan-chase-settlement-chicagotribune-1

u-s-rejects-challenge-to-13-billion-jpmorgan-chase-settlement-chicagotribune

1014-07-07-better-markets-14-cv-00190-doc-14-answer-to-motion-to-dismiss