Tag Archives: JP Morgan

Meet Wall Street’s Gatekeeper To Hell: Jamie Dimon and JPMorgan

Posted on August 16, 2012 by DRenegade

One name comes up again and again when we look back at critical tipping points in the financial system. Whether it is Lehman, WaMu, MFGlobal, or more recently Knight Capital’s implosion, the house-of-Dimon is tied directly, in one way or … Continue reading →

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JP Morgan Admits That CIO Group Consistently Mismarked Hundreds Of Billions In CDS In Effort To Artificially Boost Profits

Posted on July 13, 2012 by DRenegade

JP Morgan Releases Earnings: Announces $4.4 Billion CIO Loss, $3.1 Billion In “Profits” From Loan Loss Reserves, DVA From Zerohedge.com: Back on May 30 we wrote “The Second Act Of The JPM CIO Fiasco Has Arrived – Mismarking Hundreds Of … Continue reading →

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Morgan Stanley Pushed S&P To Boost Ratings, Investors Say

Posted on July 2, 2012 by DRenegade

Morgan Stanley (MS) successfully pressured Standard & Poor’s and Moody’s Investors Service Inc. to give erroneous investment-grade ratings in 2006 to $23 billion worth of notes backed by subprime mortgages, investors claimed in a lawsuit, citing documents unsealed in federal court. … Continue reading →

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77% of JP Morgan’s Net Income Comes from Government Subsidies

Posted on July 1, 2012 by DRenegade

JP Morgan receives a government subsidy worth about $14 billion a year, according to research published by the International Monetary Fundand our own analysis of bank balance sheets. The money helps the bank pay big salaries and bonuses. More important, … Continue reading →

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The Losses at JP Morgan Continue to Rise

Posted on May 22, 2012 by DRenegade

Jamie Dimon is finally receiving the recognition that he is due. This man is controlling the fate of the financial world on the same level as George Soros. When Dimon speaks, Obama jumps as high as if he was a … Continue reading →

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Nassim Taleb – Author of the Black Swan Discusses JP Morgan

Posted on May 19, 2012 by DRenegade
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$2 Billion Loss for JP Morgan, $11 Billion Settlement for Bank of America

Posted on May 13, 2012 by DRenegade

Bank of America has put $11 billion aside to reduce principal on existing mortgages as part of yet another settlement to the government. What do you have to do to qualify: 1. Have a mortgage with Bank of America or … Continue reading →

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ANN BARNHARDT: UM, YEAH. I’VE BEEN SAYING THIS FOR 6 MONTHS

Posted on April 20, 2012 by DRenegade

(Ripping off the Ace Flaming Skull thingy.) From Barnhardt.biz: Jon Corzine IS one of Obama’s top bundlers. Present tense. IS. Not “was.” IS. This has been known for the last six months. I’ve been saying this all along. HE NEVER … Continue reading →

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Bankers Always Have Money

Posted on November 29, 2011 by DRenegade

It is an unwritten axiom that if you are successful in your business, you will always be guaranteed to have the product that you make or the supply of the product that you distribute. If you are a cobbler, you … Continue reading →

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