securitization

Out of necessity, organized resistance to the Trump administration’s authoritarian and hyper-violent policy agenda is growing rapidly, both domestically and internationally. Within this context, it is important for those of us who engage in individual and collective acts of resistance – based on our varying proximities to power structures – to consider what and how we resist by taking into account larger structural considerations.
A Brief History of Resistance in the United States

In a nearly $13 billion settlement with the US Justice Department in November 2013, JPMorganChase admitted that it, along with every other large US bank, had engaged in mortgage fraud as a routine business practice, sowing the seeds of the mortgage meltdown. JPMorgan and other megabanks have now been caught in over a dozen major frauds, including LIBOR-rigging and bid-rigging; yet no prominent banker has gone to jail.