  We analyze the theory of massive fermions in the fundamental representation
coupled to a U(N) Chern-Simons gauge theory at level K. It is done in the large
N, large K limits where \lambda=N/K is kept fixed. Following arXiv:1110.4386 we
obtain the solution of a Schwinger-Dyson equation for the two point function,
the exact expression for the fermion propagator and the partition function at
finite temperature. We prove that in the large K limit there exists an infinite
set of classically conserved high spin currents also when a mass is introduced,
breaking the conformal invariance. In analogy to the seminal work of 't Hooft
on two dimensional QCD, we write down a Bethe-Salpeter equation for the wave
function of a "quark anti-quark" bound state. We show that unlike the two
dimensional QCD case, the three dimensional Chern-Simons theory does not admit
a confining spectrum.
