The Market Oracle
Oct 16, 2008 - 05:19 PM
By: Jim_Willie_CB
The tag team of JPMorgan as the monster and Goldman Sachs as its harlot represent a powerful pair that is more responsible for destroying the entire US financial system than 95% of the American public has any awareness.
This article discusses the JPMorgan monster, its behaviour, and teeth revealed. Robb Kirby (see his website, click HERE ) often covers JPMorgan illicit behaviour This article discusses banking system realignments to destroy savings accounts owned by the people, and the Coup d'Etat just completed. The criminals on Wall Street have taken full control of the USGovt financial management, with blank check written by a thoroughly intimidated US Congress, deceived steadily and easily. Threats and intimidation are central to the successful coup. The Ponzi Scheme has been revealed, even as the frail and tattered Shadow Banking System has been revealed. The key to the bailouts is its continued Top Down approach, which favors the Ruling Elite and denies all but crumbs to the people, who have been subjected to a foreclosure revolving door on mortgage loan assistance.
Since nothing has been solved from this approach, a total systemic breakdown is assured, whose climax will be the current Administration and the Wall Street executives in charge of the criminal syndicate riding off into the sunset in retirement. Rome burns. Much more detail is provided in the upcoming October report due this weekend. The theme is this subset synopsis article is of criminality, deception, monster exploitation, market corruption, and the collapse of a failed system, whose crescendo represents the greatest financial crimes ever witnessed in modern history. Americans do it big! The proprietary Hat Trick Letter covers much more of recent events, interpretation, and analysis, but here, focus on impropriety. Click Here for Full Story.
1 comment:
Right after JP Morgan admitted they won't use the $25 billion taxpayer bailout to make more loans - but instead to expand by scoffing up some more banks -- they now announce they are firing 468 workers at JPM in Tampa, Fla. and outsourcing their jobs to India and Philippines.
http://www2.tbo.com:80/content/2008/oct/24/250954/jpmorgan-chase-cut-300-jobs-seffner-shift-work-ove/news-money/
Do the words "ungrateful", "arrogant" and "ruthless" come to mind ?
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