Loading ...Is JP Morgan going to jail?
Today silver up lot.
Sep 17 3019
Will Jamie Dimon Finally Lose His Job Over Racketeering Charges?
The charge is racketeering and falls under the Racketeer Influenced and Corrupt Organizations Act or RICO. According to the Justice Department, the traders engaged in a pattern of rigging the gold, silver and other precious metals markets from approximately May 2008 to August 2016.
Will Jamie Dimon Finally Lose His Job Over Racketeering Charges?
Seems like the bankers OWN the Dept of Justice (DOJ) I’ll bet they arrange (another) slap on the wrist and (another) fine.
Moral decay in any country starts at the top, IMO. Its no wonder much of the world is such a god awful mess.
JPM as a Primary Dealer has a Get Out of Jail Card…
Wow…what a great story . This has legs.
One thing to remember though They “manipulated ” Silver from 2008 to 2016 ?
They manipulated it UP….fro 2008 to 2011…all the way UP to $50.
If they were stopped in 2016…it sure has taken a long time from then until now for bob to get going again
Food for thought.
Yes this has leg.
Manipulated does not have to mean prices remain down. It could mean illegally trading the market to their advantage. It is a Rico charge.
Yep.