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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Koligman who wrote (22969)	1/25/2020 1:09:18 AM
From: elmatador	Read Replies (1) of 33421

Hi John, And people think the Nigerians are the scam masters... As soon as I started reading it, I speculated, mentally. This has something to do with easy money. As you can see there was rescue money entering one side, and scammed the other side as fast as it was coming ! With the financial crisis in full swing, cum-ex was one of the few reliable moneymakers, and the trade boosted careers throughout the City of London...gobbling up German taxpayer money at the same time they received a rescue package worth more than $500 billion. But this is not be swept under the "rogue trader" carpet. Prosecutors have reportedly opened investigations into transactions handled by: Bank of America, JPMorgan Chase, Morgan Stanley and many others. Dozens of German banks participated in cum-ex deals...

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