James B. Lee. Jimmy Lee. Jimmy. If you could see what all of us here can see in this sacred place -- the sea of people here to pay their respects from all walks of your life. More importantly, if you could feel the outpouring of deep love that you always cherished, you would be the happiest person on earth.
It used to be that bad guys, called bank robbers, robbed banks. Now the banks are robbing us. Authorities just fined five of the world's largest global banks $5.7 billion for rigging benchmark interest rates. This brings the tally of fines assessed seven top banks in Europe and the US to roughly $10 billion.
It's true that Enron's energy market manipulations were horrible. Enron executives and employees deprived people of their life savings, drove up the price of a vital public utility, and concealed their crimes with all the wiliness of history's worst master conspirators. But JPMorgan Chase did everything Enron did -- and much, much more.