Sunday 27 May 2012


William Black on JP Morgan and the Failure to Regulate Wall Street Fraud 


Here are two pieces by William K. Black on JPMorgan and the rampant and ongoing fraud and speculation on Wall Street. It tells the backstory of the subversion of the democratic process and how it is being rationalized by the corporate media......
http://www.ritholtz.com/blog/wp-content/uploads/2012/05/JPMOrgan-and-chase.gif

William K. Black: " JPMorgan’s flacks and apologists have, unintentionally, exposed the fact that their cover story – hedging gone bad – is false. JPMorgan runs the world’s largest gambling operation in financial derivatives...."                                        ......................... Jesse..........

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