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Imagine that you knew a business was going to go bankrupt before anyone else...
Imagine that you knew a business was going to
go bankrupt before anyone else...
And took millions from its coffers before
it did...
And then were allowed to control the bankruptcy
process to cover your tracks.
No need for imagination. It's business as usual
at JP Morgan.
Video:
http://www.realecontv.com/page/9978.html
- Brasscheck
A new growth industry
JP Morgan appears to have mastered the art of looting financial institutions before they fail - and then controlling the bankruptcy proceeding to make sure they cover their tracks and keep the money.
This should prove to be a profitable business in the coming months and years.
One thing for sure, so far at least, they are getting away with it.
Here's the formula: Wall Street + Regulators + The Department of Justice = the public getting screwed.
JP Morgan appears to have mastered the art of looting financial institutions before they fail - and then controlling the bankruptcy proceeding to make sure they cover their tracks and keep the money.
This should prove to be a profitable business in the coming months and years.
One thing for sure, so far at least, they are getting away with it.
Here's the formula: Wall Street + Regulators + The Department of Justice = the public getting screwed.
http://www.realecontv.com/videos/mf-global-/jp-morgan-managing-mf-globalbankruptcy-for-its-own-profit.html
