On the heels of IRS targeting of Tea Party groups, we have another example of the "Chicago Way" in action. The New York Post reported on Sunday

JPMorgan Chase has tentatively agreed to pay the Department of Justice a record $13 billion settlement to resolve several civil probes relating to residential mortgage-backed securities - a costly deal that still doesn't protect the bank against additional criminal prosecutions.

The settlement, revealed Saturday, would be the largest lump payout the US government has ever asked of an individual company.

"This is a basic and fundamental attack on capitalism," declared Dick Bove, an influential bank analyst at Rafferty Capital.

"It is possible that the government is taking away the property of the JPMorgan shareholders without the shareholders having committed any crime or having any say in the expropriation of these funds."

The shakedown was completed personally by Attorney General Eric Holder. According to newsmax.com:

The settlement deal was sealed this past Friday night in a telephone call between Attorney General Eric Holder and JPMorgan CEO Jamie Dimon.

Some financial analysts argue that the shakedown was unjustified. The supposed crimes by JP Morgan resulted from portfolios of failed banks that JP Morgan had taken over at administration request. JP Morgan and Wells Fargo were the two well-managed major banks that didn't need government help during the fall 2008 financial meltdown.

The attack on JP Morgan could be payback for things that Dimon, a former Obama favorite, said during the 2012 election season. According to newsmax.com:

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When will Holder go after Corzine?