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Guardian Comment by greyridge on JP Morgan

http://discussion.theguardian.com/comment-permalink/27144205

 

greyridge

Here’s Josh Rosner’s rap sheet of 23 laws broken by JP Morgan, excluding the London Whale trade. Why aren’t people going to jail for this?

1 Bank Secrecy Act violations;
2 Money laundering for drug cartels;
3 Violations of sanction orders against Cuba, Iran, Sudan, and former Liberian strongman Charles Taylor;
4 Violations related to the Vatican Bank scandal (get on this, Pope Francis!);
5 Violations of the Commodities Exchange Act;
6 Failure to segregate customer funds (including one CFTC case where the bank failed to segregate $725 million of its own money from a $9.6 billion account) in the US and UK;
7 Knowingly executing fictitious trades where the customer, with full knowledge of the bank, was on both sides of the deal;
8 Various SEC enforcement actions for misrepresentations of CDOs and mortgage-backed securities;
9 The AG settlement on foreclosure fraud;
10 The OCC settlement on foreclosure fraud;
11 Violations of the Servicemembers Civil Relief Act;
12 Illegal flood insurance commissions;
13Fraudulent sale of unregistered securities;
14 Auto-finance ripoffs;
15 Illegal increases of overdraft penalties;
16 Violations of federal ERISA laws as well as those of the state of New York;
17 Municipal bond market manipulations and acts of bid-rigging, including violations of the Sherman Anti-Trust Act;
18 Filing of unverified affidavits for credit card debt collections (“as a result of internal control failures that sound eerily similar to the industry’s mortgage servicing failures and foreclosure abuses”);
19 Energy market manipulation that triggered FERC lawsuits;
20 “Artificial market making” at Japanese affiliates;
21 Shifting trading losses on a currency trade to a customer account;
22 Fraudulent sales of derivatives to the city of Milan, Italy;
23 Obstruction of justice (including refusing the release of documents in the Bernie Madoff case as well as the case of Peregrine Financial).

  1. BAT111
    October 2, 2013 at 4:27 am

    ARE JACOB ROTHSCHILD, EVELYN DE ROTHSCHILD AND BENJAMIN DE ROTHSCHILD INVOLVED IN THE ARGENTINEAN CRISIS ?

    ” How Citibank and JP MORGAN Crafted Argentina’s Shock Therapy Program, January 2006
    Link in Spanish http://lavaca.org/seccion/actualidad/1/1268.shtml
    In this interview with the Lavaca Collective, historian Alejandro Olmos Gaona reveals that the banks JP MORGAN and Citibank wrote Argentina’s shock therapy program. Accoreding to Gaona, the economic plan mandated, “ the privatization of utilities, the labor law reform, the privatization of the pension system. It is all laid out with great attention to detail…. one believes that the economic plan pursued since 1992 was Domingo Cavallo’s creation, but that’s not the way it is.”
    ” Interview with Domingo Cavallo, January 2002
    Link http://www.pbs.org/wgbh/commandingheights/shared/minitextlo/int_domingocavallo.html
    Argentina’s former Economy Minister discusses the impact of Argentina’s shock therapy measures, stating that 700,000 workers were fired during this period. ”
    http://www.naomiklein.org/shock-doctrine/resources/part3/chapter8
    ” JPMORGAN Chase has an International Council which provides advice to the bank’s leadership on economic, political and social trends across various regions and around the world. The International Council is chaired by TONY BLAIR, former Prime Minister of the UK, who also sits as an adviser to Zurich Financial. ” http://www.occupy.com/article/global-power-project-part-4-banking-influence-jpmorgan-chase
    THE BLAIR’S FAMILY HAS FRIENDSHIPS WITH THE FAMILY OF JACOB ROTHSCHILD. https://en.wikipedia.org/wiki/Jacob_Rothschild,_4th_Baron_Rothschild
    http://www.telegraph.co.uk/news/celebritynews/6672904/Roman-Polanski-will-be-too-late-to-complete-his-film.html
    “Tony Blair. Illegitimate Son Of Jacob Rothschild….Evidence”
    http://the-tap.blogspot.com/2012/06/can-you-spot-it.html
    TONY BLAIR IS ALSO A FRIEND OF EVELYN DE ROTHSCHILD AND OF HIS WIFE . https://en.wikipedia.org/wiki/Evelyn_Robert_de_Rothschild
    http://www.dailymail.co.uk/news/article-1138789/Now-Tony-Blairs-finally-got-private-jet-hes-wanted-rented.html
    NOW WE MUST NOTICE A STRANGE COINCIDENCE:” TONY BLAIR A GREAT FRIEND OF JACOB ROTHSCHILD AND ALSO GREAT FRIEND OF EVELYN DE ROTHSCHILD AND “CASUALLY” HE FOUND A GOOD PLACE IN THE BANK JP MORGAN”. http://www.rawstory.com/rs/2012/05/28/heckler-brands-tony-blair-a-war-criminal-over-jpmorgan-payments/
    http://landdestroyer.blogspot.de/2012/05/protester-calls-tony-blair-war-criminal.html http://www.thisismoney.co.uk/money/celebritymoney/article-2167655/Former-PM-Tony-Blair-alleged-earned-80million-2007.html
    http://www.thisismoney.co.uk/news/article-2167038/Tony-Blair-earned-20m-just-year-advising-business-bosses-foreign-governments.html
    JP MORGAN IS ALSO CONNECTED WITH THE EDMOND DE ROTHSCHILD CONTROLLED BY BENJAMIN DE ROTHSCHILD. https://en.wikipedia.org/wiki/Benjamin_de_Rothschild
    http://uk.linkedin.com/pub/juan-bergas-sastre/22/39/898/en http://www.zoominfo.com/p/Richard-Madeley/89504503
    ( NAZI ” j.p. morgan SAYS POST-WWII ANTI-FASCIST CONSTITUTIONS ARE OBSTACLE TO REIMPOSING FASCISM ” http://larouchepac.com/node/26996 )
    http://waronyou.com/forums/index.php?topic=25529.0 http://larouchepac.com/node/28338

    1) ” New York’s Second Circuit Court of Appeals ruled on Aug. 23 that Argentina must pay $1.33 billion to the two predatory vulture funds—NML Capital and Aurelius—that bought up that nation’s debt prior to its 2001 default, at pennies on the dollar, and then demanded payment of the full face value of those bonds after default.
    The Circuit Court’s ruling was a scandalous assertion of the vulture funds’ “rights” to loot Argentina, paying scant attention to the legal merits of the case, but rather fulminating against Argentina as a “uniquely recalcitrant debtor” which hadn’t shown proper respect for the killer vultures. ”
    ” Speaking for the three-judge panel, Circuit Judge Barrington Parker, nominated to the court by G.W. BUSH, rejected Argentina’s predictions of economic disaster, in the event of a ruling against it. “What the consequences predicted by Argentina have in common is that they are speculative, hyperbolic and almost entirely of the republic’s own making.” http://larouchepac.com/node/27873

    2) ” After Argentina defaulted on its debt in 2002, NML Capital, a unit of Elliott, refused to accept its offer to pay less than 30¢ on the dollar on debts that originally amounted to over $182 million but that Elliott assessed were then worth $2.3 billion. ” https://en.wikipedia.org/wiki/NML_Capital_Limited
    ” In 1977, [Paul] Singer founded the hedge fund Elliott Associates L.P. with $1.3 million from various friends and family members.[4] Elliott Management Corporation oversees Elliott Associates and Elliott International Limited, which together have more than $21 billion in assets under management.[6] According to The Guardian, “Elliott’s principal investment strategy is buying distressed debt cheaply and selling it at a profit or suing for full payment.”[7] ” https://en.wikipedia.org/wiki/NML_Capital_Limited
    ” Singer is an active participant in Republican Party politics.[36] He was a major contributor to GEORGE W. BUSH’s presidential campaigns.” https://en.wikipedia.org/wiki/NML_Capital_Limited
    ARGENTINA HAS PROBLEMS WITH THE LOBBY OF BUSH.
    THE BUSH FAMILY IS LINKED WITH CARLYLE GROUP AND THEREFORE WITH BLACKSTONE AND DEUTSCHE BANK.
    ” Carlyle earns special attention not only because of its huge presence in the defense sector, but also because of the imposing list of persons in its employ, either directly or as consultants. I doubt the names of James Baker, Frank Carlucci, and John Major will ring hollow with any reader.
    Add to them ex-President George H. W. Bush and (in a more convoluted way) current President George W. Bush and you have only a brief listing of the individuals who may be using their influence to generate profits and policies..” http://www.kycbs.net/CarlyleGroup.htm
    ” “The Carlyle Group, which is Frank Carlucci, and the Blackstone Investment Group are virtually one and the same. Two different names, but they are virtually the same organization,” he continues. “All they do is ride the crest of the waves of various frauds from country to country. Before the so-called Global Financial Crisis of 1998, Blackstone and Carlyle suddenly opened up an office in Jakarta. They didn’t have an office in Jakarta before because they were very friendly with President Sukarto. Sukarto gave them all sort of inside capabilities to short, or sell short, the Indonesian rupiah which nobody really had the ability to do because the currency wasn’t particularly liquid. They do on a large scale on a multi-billion dollar scale what Richard Hamil does on a multi-million dollar scale.” http://www.almartinraw.com/uri1.html
    http://deanhenderson.wordpress.com/2011/05/08/bin-laden-the-911-illusion-part-ii-deutsche-bank-blackstone/
    WHO CONTROLS DEUTSCHE BANK ?
    WE CAN NOTICE RELATIONS AMONG JACOB ROTHSCHILD AND DEUTSCHE BANK.
    DAVID HAYSEY ” HEAD OF PUBLIC EQUITIES AT RIT CAPITAL PARTNERS ” AND IN THE PAST ” DIRECTOR AT J ROTHSCHILD CAPITAL MANAGEMENT ” HAS BEEN ” MANAGING DIRECTOR AT DEUTSCHE BANK ” http://uk.linkedin.com/pub/david-haysey/1b/470/bb3
    ” In 2012 RIT Capital saw management changes with the exit of investment director Mikael Breuer-Weil and the appointment of Ron Tabbouche. The first half of 2013 saw further changes with the resignation of David Haysey, head of public equity and manager of the RIT global quality portfolio. ” http://www.iii.co.uk/articles/110881/oriel-rates-lord-rothschilds-rit-capital-positive
    RON TABBOUCHE HAS BEEN SALES ANALYST AT DEUTSCHE BANK. http://www.trustnet.com/Managers/ManagerFactsheet.aspx?personCode=00000065RA&univ=O
    Today, Jacob [Rothschild] is Chairman of RIT Capital Partners plc, one of the largest investment trusts quoted on the London Stock Exchange with a net asset value of about £2 billion.[5] He is Chairman of J Rothschild Capital Management, a subsidiary of RIT Capital Partners plc. https://en.wikipedia.org/wiki/Jacob_Rothschild,_4th_Baron_Rothschild
    THERE ARE ALSO LINKS AMONG EVELYN DE ROTHSCHILD AND DEUTSCHE BANK.
    VERNON JORDAN, THE BIG FRIEND OF EVELYN DE ROTHSCHILD AND LYNN DE ROTHSCHILD, HAS BEEN A DIRECTOR OF DEUTSCHE BANK.
    http://www.companiesintheuk.co.uk/director/8570529/vernon-jordan-jr
    ” LYNN [the wife of EVELYN DE ROTHSCHILD] is the CEO of ELR Holdings and became a director of The Economist in 2002. She launched FirstMark Communications in the late 1990s and got EVELYN DE ROTHSCHILD, Henry Kissinger, Vernon Jordan (senior managing director LAZARD; close Clinton friend and advisor; friend of EVELYN DE ROTHSCHILD; permanent Bilderberg visitor), Michael J. Price (former managing director LAZARD), Nathan Myhrvold (former CEO Microsoft; PPI Task Force member), and others as its initial directors.”
    ” In late August 2004, Clinton and his wife Hillary, EVELYN DE ROTHSCHILD, LYNN DE ROTHSCHILD, Vernon Jordan, and Prince Andrew were all hanging out at the Vineyard at their very own “Anyone but Bush” party. Rothschild and Jordan were jointly celebrating their birthdays that day. Together with his wife he attended the 32nd Williamsburg Conference in Delhi in 2004. ” https://wikispooks.com/ISGP/organisations/introduction/PEHI_Evelyn_de_Rothschild_bio.htm
    DEUTSCHE BANK IS CONNECTED ALSO WITH THE EDMOND DE ROTHSCHILD OWNED BY BENJAMIN DE ROTHSCHILD. https://en.wikipedia.org/wiki/Benjamin_de_Rothschild
    http://in.linkedin.com/pub/nicolas-hindi/31/912/265
    ” Deutsche Bank, now the number one derivatives- and currency-trading bank in the world through its City of London operation, survived to become what it is now — a monster with a $72 trillion derivatives portfolio — because it was massively bailed out in October 2008 by Timothy Geithner and the New York Fed.” http://larouchepac.com/node/26698

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