Yes, it’s true.  Scott Brown, the man Forbes magazine called Wall Street’s favorite congressman has new job as legal counsel for international law firm and high power lobbyist Nixon Peabody.

Scott Brown posing nude for Cosmo in the early 1980s.

In the three years, Scott Brown was in the U.S. Senate, bankers and Wall Street types credit him helping the GOP water down the Dodd-Frank Act and then working to defeat it after taking hundreds of thousands of dollars in campaign cash from Wall Street insiders who opposed the passage of the bill.

JPMorgan Chase Gone Wild: The Reckless Management of Jamie Dimon

Graham Fisher & Co. has released a new report on JP Morgan Chase.  Here’s their introduction, and the report is attached below:

“On Friday, the Senate Permanent Subcommittee on Investigations will release the final report on the losses associated with failures of internal controls in JPM’s CIO group. We expect that the findings will demonstrate significant failures of senior management and conclude that the Company’s own investigation was incomplete. It is important to remember that those losses, while the largest and most notable, are only one example of many such failures in recent years.”

Steve Dibert, MFI-Miami

“We refuse to accept the responsibility for anything that we’ve done. We comforted ourselves in the knowledge that it really wasn’t our fault. You cannot play God then wash your hands of the things that you’ve created. Sooner or later, the day comes when you can’t hide from the things that you’ve done anymore.” -Commander William Adama

The once proud Arsenal of Democracy that reinvented the industrial revolution and spawned the American middle class is now nothing more than 143 square miles empty crumbling shells of turn of the century factories and houses that are routinely gutted by arson that the city can’t afford to battle.  Fire fighters are shot battling fires.  EMS personnel don’t respond to emergencies.  Squatters openly break into homes while the homeowners are away and brag about eating thir food and raiding thier liquor cabinets on local television.  Police are so outnumbered by thugs who rob, rape and pillage that they don’t even bother responding to 911 calls.  Muggings have become so routine that well paid city elites have become nothing more than apologists for the broken status quo by blaming the victim of a crime instead of tackling the problem of crime.

Steve Dibert, MFI-Miami

Robert Kiyosaki, author of the bestselling “Rich Dad, Poor Dad” series,  is bringing his version of Brother Love’s Traveling Salvation Show to the Motor City on March 18, 2013 to tell the masses of Detroit how to become rich in real estate.  Yes, that’s right you can learn how to pick yourself up out of the hood and move to Bloomfield Hills or Grosse Pointe Shores in a matter of weeks.   Before you get too excited about Kiyosaki personally helping to motivate you, you need to know that he won’t be attending.  Like the episode of the Simpsons where Krusty the Klown starts a Clown College so local Krusty surrogates can attend in his place, Kiyosaki is sending surrogates to the three events in Dearborn, Livonia and Troy.

Jamie Dimon is expected to smash share holder revolt lead by AFSCME

AFSCME and other labor unions who’s pension funds hold shares in JPMorgan Chase have decided to change their strategy in their fight with big banks namely JPMorgan Chase.  Instead of recruiting college students to help them experiment with the limits of personal hygiene by camping out in a plaza for months on end without bathing, they have now decided to take their fight to JPMorgan Chase’s shareholder meeting.

AFSCME and the other unions who own stock in JPMorgan Chase are now demanding that Chairman and CEO Jamie Dimon be stripped of his title as Chairman be replaced by an independent Chairman.   They claim that there is a direct conflict of interest when a Board of Directors is overseen by the CEO.

 This effort is by the unions is part of a larger endeavor by unions and other activist shareholders calling on reforms in corporate governance by splitting the role of CEO and chairman. The AFSCME Employees Pension Plan has submitted a non-binding shareholder proposal for investors at JPM Chase’s 2013 annual meeting.