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Even though many readers have already read Matt Taibbi’s new article on how Attorney General Eric Holder acceded to Jamie Dimon’s efforts to squelch a criminal prosecution of JP Morgan’s securitization of toxic mortgages, I thought it would be useful to present the Democracy Now discussion of the story, particularly since the whistleblower, Alayne Fleischmann, discusses the case in her own words.

So, after I left JPMorgan, I actually had no idea, for a full four years, that the loans had been securitized.

On one hand, I was worried they would, but I really thought no one would ever actually securitize those loans.

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