Courtesy of Pam Martens.
Helen Davis Chaitman is a nationally recognized litigator and author of The Law of Lender Liability. And she is two other things as well – a Bernie Madoff victim who lost a large part of her life savings to his Ponzi scheme and the tenacious lawyer who represented other victims of his fraud in district and appellate courts.
Now, together with attorney Lance Gotthoffer, Chaitman has written a book titled JPMadoff: The Unholy Alliance Between America’s Biggest Bank and America’s Biggest Crook. The book is being made available to readers on a new web site which will provide a chapter each month. The first chapter is currently available and Chaitman says that the second chapter, to be posted on September 12, will detail what JPMorgan knew and when it knew it.
The web site also provides a quick means of contacting your legislator in Washington to urge Congress to “act in the interests of the American people, not in the interests of the financial institutions that are rich enough to make significant contributions.”
Helen Davis Chaitman
It is universally agreed among these authors, the prosecutors and the trustee for the Madoff victims’ fund that JPMorgan Chase (or its predecessor banks) stood at the center of the fraud as Madoff’s commercial bank for more than 20 years. It’s the lack of criminal prosecutions against the JPMorgan wrongdoers that has incensed these attorneys to launch the book and web site.
The authors explain their position in the book’s foreward:
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