By: Rob Kirby
The Office of the Comptroller of the Currency just released its Q3/08 Quarterly Derivatives Fact Sheet today. Here is one of the highlights:
Take a look at J.P. Morgan’s gold derivatives [futures] position, paying particular attention to how the <>
And here’s what J.P. Morgan’s 15 billion “addition” to their <>
That such a blatantly egregious act can be committed by the chief agent of the Federal Reserve, with what appears to be the complicity of regulators is a heinous pox on humanity.
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Thursday, January 1, 2009
Government Sanctioned Theft
Posted by Saigon Charlie