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Steve Dibert, MFI-Miami

Jamie Dimon leaves the NY FedSix months after being shown the door, JPMorgan Chase CEO Jamie Dimon has finally left the Board of Directors of the Federal Reserve Bank of New York.

In May, a fierce debate erupted within the NY Fed about what the public perception of them would be following the  “London Whale” scandal that caused JPMorgan Chase to take a $2 Billion loss.

Then-U.S. Senate Candidate Elizabeth Warren (D-MA) was quoted in American Banker as saying,

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Max's Army is Scoring Victories - Join Us!

This week, Boot Camper Linda Tirelli talked with us about how she built her successful bankruptcy litigation practice, the consumer bankruptcy case in which she was recently awarded more than $125,000 in fees and how the Boot Camp listserve helped her achieve those results. 

Linda isn't the only Boot Camper to have reported significant achievements on behalf of her clients and the larger cause in recent weeks.  We'll be sharing more of those stories on our blog in the days ahead.

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 THIS IS A MUST HEAR!

In December of 2006, academic economist Phillip Swagel, after serving as chief of staff and senior economist at the White House Council of Economic Advisers and as an economist at the Federal Reserve Board and the International Monetary Fund, accepted a new job at the U.S. Treasury Department… Assistant Secretary for Economic Policy.

Phill is a very smart guy… an undergraduate degree from Princeton and both a masters and doctorate from Harvard… but he couldn’t possibly have had any idea what his next two years would be like.  His new position would not only provide him a front row seat for the worst economic meltdown since the Great Depression, but he’d be responsible for policy analysis related to the financial crisis and for something called the Troubled Asset Relief Program… or, TARP.

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Iker de Carlos, a 22 year old locksmith from Pamplona, Spain has started what has become a major rebellion against Spanish banks. Locksmiths across Spain have begun refusing to change locks on homes being foreclosed on by Spanish banks.

The UK Guardian quoted de Carlos as saying:

“It only took us 15 minutes to reach a decision. We all had stories of jobs we had been on where families had been left on the street. When you set out all you have is an address and the name of the bank, but I recall an elderly, sick man who was barely given time to put his trousers on.”

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To paraphrase the late George Burns, politics like show business can be a hideous bitch goddess and places like the Michigan Supreme Court that were once considered a refuge from the visceral blood sport of politics are no longer immune.   Even with Michigan’s constitutionally protected system of what I call, “Judicial Tangente“, the Michigan Supreme Court seemed to have stay above it all and tried to stay impartial to partisan politics.

But that all changed last May when the ugly head of visceral partisan politics hit a fever pitch and turned the chambers of the Michigan Hall of Justice into something that resembles a John Grisham novel.  Dan Pero, a GOP operative and former staffer to former GOP Governor John Engler, began making allegations in the media that Michigan Supreme Court Justice Diane Hathaway committed money laundering and fraud in order to persuade her lender to short sell here home in the posh Detroit suburb of Grosse Pointe Park.

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