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« CNBC: 'Jon Corzine Is A Criminal And He Belongs In Prison' | Main | Green Energy Failures Leave Taxpayers On The Hook »
Thursday
Dec062012

REPORT: Senior ATF Agent In Charge Of Fast 'N Furious Gun Running Program Was Also Working For JPMorgan

Nice hire, Dimon.

Is there any fraud, theft, or border-patrol murder that doesn't have JPMorgan's fingerprints on it.

---

Update:

Man Confesses To Murder Of Border Agent Brian Terry

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Meet Deputy Assistant ATF Director William McMahon

Washington Post

In an unusual arrangement, a senior official of the Bureau of Alcohol, Tobacco, Firearms and Explosives involved in the controversial gun operation Fast and Furious is receiving his government salary while working full time for the investment bank J.P. Morgan, according to two Republican lawmakers.

In a letter Tuesday to B. Todd Jones, the acting ATF director, Rep. Darrell Issa (R-Calif.) and Sen. Charles E. Grassley (R-Iowa) said that Deputy Assistant ATF Director William McMahon,who oversaw the agency’s Western region during the Fast and Furious operation, has been receiving two salaries simultaneously.

The lawmakers said the ATF apparently approved allowing McMahon to remain on paid leave for four or five months while working for the investment bank in order to reach retirement eligibility.

“ATF has essentially facilitated McMahon’s early retirement and ability to double dip for nearly half a year by receiving two full-time paychecks — one from the taxpayer and one from the private sector,” Issa and Grassley wrote.

McMahon is receiving a six-figure salary as an official in the ATF Office of Professional Responsibility and is serving as executive director of global security and investigations for J.P. Morgan in the Philippines, according to Issa and Grassley.

McMahon was one of five ATF officials recently singled out in a congressional report on the botched gun operation. The report alleged that McMahon knew that no safeguards were in place to prevent a large number of guns from getting into Mexico, but he made no effort to stop them.

Washington Post

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Further reading:

IG Says White House ‘Made it Impossible’ to Pursue Lead in Fast & Furious Probe

ABC News: Obama Falsely Claims Fast & Furious "Begun Under Previous Administration"

 

Update:

Man Confesses To Murder Of Border Agent Brian Terry

 

 

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Reader Comments (11)

Go figure, looks like the financial institutions want to arm America's enemies for profit while giving campaign contributions to political candidates who wish to ban guns to make the crimes of the criminal element they arm more powerful.
Aug 24, 2012 at 9:24 AM | Unregistered CommenterS. Gompers
Despite the fact that this was approved I doubt it is legal.
Aug 24, 2012 at 10:31 AM | Unregistered Commenterkingfish20815
JPMorgan Debacle Points to Regulatory Incompetence, Corruption

http://www.cnbc.com/id/47598741/JPMorgan_Debacle_Points_to_Regulatory_Incompetence_Corruption

Flashback

In Washington, One Bank Chief Still Holds Sway

http://www.nytimes.com/2009/07/19/business/19dimon.html?_r=1&src=sch
Aug 25, 2012 at 12:39 AM | Unregistered CommenterLiberatedCitizen
Double dipping only applies in govt agencies. Last time I checked JPMorgan is not.

http://www.thefreedictionary.com/double+dipping
Aug 25, 2012 at 12:58 PM | Unregistered CommenterBill Nada
Well actually Bill Nada JP Morgan is a Fed Member Bank and the Fed is a government agency though privately owned...

"The Federal Reserve, like many other central banks, is an independent government agency but also one that is ultimately accountable to the public and the Congress."

http://www.federalreserve.gov/faqs/about_12799.htm

This looks like Double Dipping to me

Dear Mr. Dimon, Is Your Bank Getting Corporate Welfare?

http://www.bloomberg.com/news/2012-06-18/dear-mr-dimon-is-your-bank-getting-corporate-welfare-.html
Aug 26, 2012 at 2:10 PM | Unregistered CommenterLiberatedCitizen
Has anyone asked the question why JP Morgan was paying this guy? What interest do they have in this individual? Last time I checked, some of the biggest banks in the world were also the biggest money launderers of drug money.

Has anyone thought that just maybe the ATF were actually intentionally aiding and abetting drug running into the US via the Fast and Furious program (by delibrately putting weapons into the hands of drug cartels) under the cover story of claiming they just wanted to see where the guns ended up and then catch the criminals?
Sep 25, 2012 at 11:15 AM | Unregistered CommenterGeorge Nuich
so these banker scumbags want guns taken away from americans . are they afraid americans will find out that robbing america blind was planned? these same scumbags set up the deal to move jobs out of america, through NAFTA but is wasn't working fast enough so they came up with the banking scam to rob you of your home, down stroke, monthly payments and if you kept your home they made it worth less then half of its value! they have taken over the u.n. and want to do to you what they did to american indians. make you slaves that live in cubicals and then own you through govt hand outs. they need to wipe out the power in this country , the middle class! these people are not your friends!
Sep 25, 2012 at 3:35 PM | Unregistered Commenterdav
Hahaha god what a corrupt world ! Wait til the NWO gets here and all these CROOKS are calling the shots misery commith !
Sep 26, 2012 at 5:32 PM | Unregistered CommenterCaptain Vic
'Fast and Furious' has been a Bush cabal enterprise at least as far back as 1952. The objective? Mexico's silver. The oil turned out to be less valuable than Saudi sweet crude, so silver is it. See the cover photo of 'Barry and the Boys'. Featured is Bush41's Operation 40 around a banquet table in Mexico City in late 1958 or early 1960s, narrow black ties and all. All this new stuff blaming Obama is downright potty talk. When I say he acts like he was given a lobotomy some years back to facilitate 100% 24/7 obedience, it is not for chuckles and denial. Project Monarch. Homework. The first thing you will notice is that the CIA sealed Obama's medical records before the election. The second thing you will find is that the CIA does not have the constitutional authority to do that. The third thing you will find is yourselves back in drowning in denial.The fourth thing you will see is the incessant prancing and mewling of the CFRtv congressional vermin.
Feb 9, 2013 at 6:04 PM | Unregistered CommenterHoward T. Lewis III

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