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Rockefeller/JP Morgan: Scourge of Humanity

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US credit agency sues JP Morgan again - Americas. US federal regulators have launched a lawsuit against financial firm JP Morgan Chase & Co over the sale of risky mortgage securities that contributed to the collapse of three credit unions.

US credit agency sues JP Morgan again - Americas

The National Credit Union Administration's (NCUA) lawsuit, filed on Friday, alleges that the country's largest bank misled US Central, Western Corporate and Southwest Corporate federal credit unions into buying $2.2b in risky mortgage securities that caused major financial losses. J.P. Morgan Settles SEC Charges in Jefferson County, Ala. Illegal Payments Scheme; 2009-232; Nov. 4, 2009. Washington, D.C., Nov. 4, 2009 — The Securities and Exchange Commission today charged J.P.

J.P. Morgan Settles SEC Charges in Jefferson County, Ala. Illegal Payments Scheme; 2009-232; Nov. 4, 2009

Morgan Securities Inc. and two of its former managing directors for their roles in an unlawful payment scheme that enabled them to win business involving municipal bond offerings and swap agreement transactions with Jefferson County, Ala. This is the SEC's second enforcement action arising from Jefferson County's bond offerings and swap transactions. J.P. Morgan Securities settled the SEC's charges and will pay a penalty of $25 million, make a payment of $50 million to Jefferson County, and forfeit more than $647 million in claimed termination fees.

JPMorgan. The true history of the Banking Cartels and the Federal reserve. JPMorgan Swap Deals Spur Probe as Default Stalks Alabama County. Jefferson County Commissioners Collins and Carns Dora Bonner in front of her home in Birmingham May 22 (Bloomberg) -- As nighttime temperatures plunged in Birmingham, Alabama, last October, Dora Bonner had a choice: either pay the gas bill so she could heat the home she shares with four grandchildren, or send the Birmingham Water Works a $250 check for her water and sewer bill.

JPMorgan Swap Deals Spur Probe as Default Stalks Alabama County

Bonner, who is 73 and lives on Social Security, decided to keep the house from freezing. ``I couldn't afford the water, so they shut it off,'' she says. Bonner's sewer bills have risen more than fourfold in the past decade. What's threatening to increase them even more isn't the high cost of treating waste; it's the way county officials chose to finance the $3.2 billion in debt they took on to build a new sewer system. Like homeowners who took out mortgages they couldn't afford and didn't understand, Jefferson County officials rejected fixed-rate debt and borrowed instead at rates that varied with the market. JP Morgan Makes Big Bucks from Food Stamp Growth, Then Hires Workers in India with Our Tax Dollars. JP Morgan is the largest processor of food stamp benefits in the United States. JP Morgan has contracted to provide food stamp debit cards in 26 U.S. states and the District of Columbia.

JP Morgan is paid for each case that it handles, so that means that the more Americans that go on food stamps, the more profits JP Morgan makes. Is the LIBOR Scandal the Crime of the Century? The 21st has been a banner century for financial and accounting scandals.

Is the LIBOR Scandal the Crime of the Century?

Enron, the dotcom bust, the subprime-mortgage crisis and the bank bailouts have all contributed to the very low esteem in which the American public holds Corporate America in general, and high finance in particular. So it is no small feat that the latest interest-rate-fixing LIBOR scandal is being heralded as the most egregious in a generation or, as Robert Scheer put it in the Nation, “the crime of the century.” LIBOR is an acronym for the London interbank offered rate, and it is the average interest rate the world’s largest banks pay when they borrow money. And this figure (or figures, as different LIBORs are calculated for different loan maturities and currencies) is used to price hundreds of trillions of dollars worth of financial instruments, from high-yield corporate debt to student loans.

(MORE: Big Banks Accused of Manipulating Key Interest Rates) Scheer, for instance, pulled no punches in his polemic: Explainer: Why the LIBOR scandal is a bigger deal than JPMorgan. Last week, Barclay's admitted to rigging the London InterBank Offered Rate (LIBOR) and agreed to pay U.S. and British regulators $450 million dollars in penalties to settle the case.

Explainer: Why the LIBOR scandal is a bigger deal than JPMorgan

Then the heads began to roll: On Tuesday, its CEO, Bob Diamond, and COO Jerry del Missier resigned, and yesterday Diamond told a British parliamentary inquiry that regulators in Washington and London alike were complicit in his manipulations. JP Morgan's Alleged Manipulation of the Silver Market. On Friday, something strange happened in silver markets.

JP Morgan's Alleged Manipulation of the Silver Market

Class action against Morgan, HSBC specifies silver manipulation mechanism. 1:30a Tuesday, December 28, 2010 Dear Friend of GATA and Gold (and Silver): A Chicago law firm yesterday announced another class-action lawsuit against J.P.

Class action against Morgan, HSBC specifies silver manipulation mechanism

Andrew Maguire (whistleblower) Andrew Maguire is an independent bullion trader and a whistleblower.

Andrew Maguire (whistleblower)

He alleged to United States regulators that fraud had been committed, and that prices in the international gold and silver markets had been manipulated. Maguire and his wife were injured in a hit-and-run accident a day after he was identified as the source of the allegations. In an interview with CBC aired in April 2013 Andrew Maguire described how mysterious traders, allegedly working for bullion banks JPMorgan and to a lesser extent HSBC, waited for most of the major markets from Shanghai to London to be closed then concentrated their dealing on COMEX. HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of America's Derivatives Trades.

UPDATE - Chcek out regulator William Black's blistering reaction to this story HERE.

HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of America's Derivatives Trades

This story from Bloomberg just hit the wires this morning. Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC. Fed & BofA Dump Billions in Losses onto Taxpayers. The Long Road of Eugenics: From Rockefeller to Roe v. Wade.

Mogelijk gemaakt door Translate The article is too long to read on screen.

The Long Road of Eugenics: From Rockefeller to Roe v. Wade

Margaret Sanger. Margaret Higgins Sanger (September 14, 1879 – September 6, 1966) was an American birth control activist, sex educator, and nurse. Sanger popularized the term birth control, opened the first birth control clinic in the United States, and established organizations that evolved into the Planned Parenthood Federation of America. Sanger was also a writer. She used this method to help promote her way of thinking. She was prosecuted for her book Family Limitation under the Comstock Act in 1914. She was afraid of what would happen, so she fled to Britain until she knew it was safe to return to the US. In 1916, Sanger opened the first birth control clinic in the United States, which led to her arrest for distributing information on contraception. In 1921, Sanger founded the American Birth Control League, which later became the Planned Parenthood Federation of America. Life[edit] Early life[edit] General Education Board. The General Education Board was a philanthropy which was used primarily to support higher education and medical schools in the United States, and to help rural white and black schools in the South, as well as modernize farming practices in the South.

It helped eradicate hookworm and created the county agent system in American agriculture, linking research as state agricultural experiment stations with actual practices in the field. The Rockefeller Report - John Taylor Gatto. Table of Contents | Prologue | Comments on the Book Reviews | Errata | Read the Book | Purchase the Book Page - 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 The Rockefeller Report. Predatory JP Morgan Swap Deal Pushes Alabama County Into Largest Municipal Bankruptcy In U.S. History. By Pat Garofalo "Predatory JP Morgan Swap Deal Pushes Alabama County Into Largest Municipal Bankruptcy In U.S. History" Yesterday, Jefferson County, Alabama, filed the largest municipal bankruptcy in U.S. history, the final step in a sordid tale involving sewers, credit swaps, and some of the nation’s biggest banks. The bankruptcy became necessary “after an agreement among elected officials and investors to refinance $3.1 billion in sewer bonds fell apart.”

The swap deal that sunk Jefferson County was crafted by the mega-bank JP Morgan Chase (in concert with other banks, including Goldman Sachs).