JP Morgan pays $2 billion to avoid prosecution for its involvement in Madoff ponzi scheme
Bernie Madoff has said all along that JP Morgan knew about – and knowingly profited from – his Ponzi schemes.
So JP Morgan has agreed to pay the government $2 billion to avoid investigation and prosecution.
While this may sound like a lot of money, it is spare sofa change for a big bank like JP Morgan.
It’s not just the Madoff scheme.
As shown below, the big banks – including JP Morgan – are manipulating virtually every market – both in the financial sector and the real economy – and breaking virtually every law on the books.
Here are just some of the recent improprieties by big banks:
Laundering money for terrorists (the HSBC employee who blew the whistle on the banks’ money laundering for terrorists and drug cartels says that the giant bank is still laundering money, saying: “The public needs to know that money is still being funneled through HSBC to directly buy guns and bullets to kill our soldiers …. Banks financing … terrorists affects every single American.” He also said: “It is disgusting that our banks are STILL financing terror on 9/11 2013“ [...]
Read the full article at: intellihub.com
Davos: CEO of JPMorgan says you don’t need to know how banking works, it’s too complex to explain, just shut up and pay us.
Largest US bank, JPMorgan Chase, says it lost $2 billion in risky trades
JP Morgan Chase Donates $4.6 Million To NYPD On Eve Of Protests
Morgan Stanley Defaulted on a Loanin Tokyo. Biggest Default in Japan’s History: 3.3 Billion
Independent Metals Trader Andrew Maguire Exposes Systemic Fraud by CFTC & JPMorgan
Swedish banks in nuclear weapons ’hall of shame’
The Federal Reserve says too-big-to-fail banks are crony capitalists
Iceland President: Let Banks Go Bankrupt
Government by the Banks, for the Banks: The ESM Coup D’Etat in Europe
Madoff: Government a Ponzi scheme
Whistleblower: Pursuit of Madoff Was a ’Death Sentence’
Why aren’t the Wall Street criminals prosecuted?
Latest News from our Front Page
An Eye For Odin
The Anglo-Saxon Sutton Hoo helmet is a religious artefact dedicated to Woden the one eyed god of war. Recent research indicates that numerous other archeaological artefacts also provide evidence that one eye on various figures has been deliberately removed as part of a Woden ritual.
Read the original essay by Neil Price and Paul Mortimer here:
Music: Faunus Amadeus Loki - Strange ...
Ed Miliband: "As a friend of Israel and a Jew, I'm a proud member of this community" & "The Jewish Manifesto"
Editor's comment: With just a few days to go to the British election, here are a few tidbits that the English voter might want to know about concerning the leader of the Labour party, Ed Miliband.
Labour Leader Ed Miliband on the Board of Deputies' Jewish Manifesto
By Ed Miliband, Leader of the Opposition in the UK. (Or should that be the ...
"Sweden is ruled by unelected policy plotters"
Editor's Comment: As usual, the power in Sweden is behind the scenes, unelected and weaved into the bureaucracy so that Swedes have no control or influence over what happens in the country.
Sweden has long been seen as the epitome of a healthy democracy. But in this week's debate article, three researchers argue that an increase in unelected behind-the-scenes operators is ...
Israel to airlift 25 babies born to surrogates out of Nepal
Ya'ari is one of 26 babies airlifted by the Israeli government and brought to Israel to be with their parents after the Nepal earthquake. (Derek Stoffel/CBC)Israel said Sunday it plans to airlift 25 infants from quake-hit Nepal born to surrogate mothers, along with their Israeli parents, most of them homosexual couples.
Officials said Israel was sending a military delegation to offer ...
Ed Miliband is a f****** communist, says Noel Gallagher
Noel Gallagher has warned Ed Miliband is a 'f******* communist' who will 'fail us all' if Labour wins the election next week.
The former Oasis guitarist admitted that he did not plan to vote on Thursday because he could not 'get behind' any of the parties.
His foul-mouthed outburst at Mr Miliband is a long way from New Labour's Cool Brittania heyday, ...
|More News » |