JP Morgan pays $2 billion to avoid prosecution for its involvement in Madoff ponzi scheme
2014 01 07

From: Intellihub



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




Related Articles
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

Equinox: Homicide In Kennewick
2014 09 19
Description text from Youtube: One of the most important and controversial archaeological finds ever made, Kennewick Man’s remains were dated to around 7000 BC. Found on the banks of the Colorado River, his facial structure, however, was unanimously reported not to be a Native American by all the scholars who have taken a close look at the remains... The implication ...
The Israeli exception to US foreign policy advocating gay rights
2014 09 19
From an op-ed by James Bamford in the NYTimes on his conversations with Edward Snowden (Israel’s NSA Scandal): Among his most shocking discoveries, he told me, was the fact that the N.S.A. was routinely passing along the private communications of Americans to a large and very secretive Israeli military organization known as Unit 8200. This transfer of intercepts, he said, included ...
Russia to ban Bitcoin by next spring
2014 09 19
RT, an English-language news outlet in Russia, reports that a top official with the Russian government has announced that a law will be passed banning Bitcoin’s exchange into real money by next spring because of Bitcoin’s use by criminals and terrorists. Deputy Finance Minister Aleksey Moiseev said to journalists in Moscow: “People can play with their chips, and they can call them ...
Ingraham to Zuckerberg: Time for Open Borders at Your Mansion
2014 09 19
Talk radio host Laura Ingraham re-iterated her challenge to debate Facebook co-founder and CEO Mark Zuckerberg and criticized him for securing his property while demanding the US allow illegal immigrants to remain in the country on Monday. “In the end, borders work for these guys. Right, I would not want to be on [Facebook board member] Marc Andreesen’s household staff if ...
MasterCard tests Orwellian national ID card on Nigeria
2014 09 19
The march toward enslaving the world’s population by a handful of globalist statists and corporations continues, with the latest chapter unfolding, of all places, in Nigeria, compliments of MasterCard. According to the website GovtSlaves.info, the credit card giant is rolling out a card in Africa’s most populous country that has the ability to retain all personal, health insurance, tax payment and ...
More News »