RT | 13 Nov 2014

Max interviews Alayne Fleischmann, the JP Morgan whistleblower, profiled in the latest Rolling Stone magazine. They talk about fraud in the mortgage backed securities business, the statute of limitations on wire fraud and what exactly it is that Jamie Dimon wants.

In 2006, Fleischmann worked in a team that repackaged individual home loans as securities. She witnessed a host of violations, including never-to-be-repaid subprime loans being mis-sold as reliable investments, helping to heat the market that sparked the worldwide financial crisis in 2008.

[youtube https://www.youtube.com/watch?v=AmcxXaKuPn8?feature=player_detailpage&w=640&h=360]