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Non-Tech : The Woodshed

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To: bull_dozer who wrote (60585)6/8/2023 2:07:37 PM
From: bull_dozer  Read Replies (1) of 60899
 
JPMorgan and Citigroup Are Using the Same Accounting Maneuver as Silicon Valley Bank on Hundreds of Billions of Underwater Debt Securities

JPMorgan Chase has admitted to five felony counts since 2014, including two for its dicey handling of the business bank account of the biggest Ponzi schemer in U.S. history (Bernie Madoff); and three separate counts for rigging the foreign exchange, precious metals and U.S. Treasury market. (Not to put too fine a point on it, but the U.S. Treasury market is how the United States pays its bills.) The deeply conflicted Board at JPMorgan Chase has kept Jamie Dimon as its Chairman and CEO throughout this crime wave.

wallstreetonparade.com
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