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Blythe Masters Withdraws From CFTC : Furious Twitter Backlash Blamed
Following our post yesterday which included the occasional F-bomb and got well over 40K reads since its posting late last night, the reaction was sharp and severe. So severe in fact that less than 24 hours later, Blythe Master has withdrawn from the CFTC. The culprit for Masters' resignation in just 24 hours? A very angry Twitter.
Blythe Masters, JPMorgan Chase & Co.’s commodities head, withdrew from an advisory committee of the U.S. Commodity Futures Trading Commission a day after her appointment was disclosed, according to two people with direct knowledge of the decision.
The regulator may include another executive from New York-based JPMorgan on the committee, said one person close to the bank who requested anonymity because the move hasn’t been publicly announced. Masters, 44, withdrew because the company’s sale of its physical commodities unit will keep her occupied, the person said.
JPMorgan is selling a division that deals in assets such as metals and oil, as government watchdogs examine whether federally backed lenders should be involved in such markets. Masters’s appointment drew criticism from Twitter users who questioned the propriety of her advising the regulator of futures and swaps.
Masters, whose appointment was listed on the CFTC’s website yesterday, had been scheduled to participate in a Feb. 12 meeting to discuss cross-border guidance on rules. She was invited to the panel by acting Chairman Mark Wetjen, said one of the people.
Brian Marchiony, a JPMorgan spokesman, said the company had no comment.
Perhaps there is some justice in the world.
We do, however, have one question for Ms. Masters even though we understand she will be "very occupied due to the sale of JPM's physical commodities unit": does this premature resignation confirm that the allegations against the JPMorganite, who had so far been wrapped up in "neither admissions nor denials", are in fact true and accurate?
And while we have her attention, can Ms. Masters also please advise what other markets she was manipulating?
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i do not think it is that bad. backdoor barry simply ordered his press to slam the olympics out of spite.
Agreed. I have no doubt there are some real problems at the Olympic village, but I also believe that Obama ordered his state run media to piss all over the olympics, just out of a childish spite at seeing the games in Russia, a state trying to recover from 70 years of imposed communism, which nearly wiped the Russian people off the earth. Many survivors of the Red Terror, remember well that the leadership at the highest levels of terror were not Russian, but made up of people like Stalin, Beria, Yeshov and many others who were not ethnic Russian or Orthodox christian heritage.
Perhaps we should give the Master-baiter Mr Dimon some credit here. After all, if he is so hot he deserves this bonus, maybe he had a quick word in Blythe's ear and said, a bridge too far gel.
However, Jamie, you doomed cretin, if you really were as smart as you think you are, you would have found out about this notion before it happened.
So, Twitter has some purpose after all, eh? Who'd a thunk?
video & pics on twitter is the reason, including youtube, that war upon Syria was stopped from America.
Anyone that has worked in an upper management position in the last couple of decades at the most corrupt, most fined Wall Street investment bank, ever, should be banned from any association with any kind of regulatory or government position, period! That also goes for anyone that has settled with the SEC, whether or not they admit guilt. And Wetjen should be removed from any involvement with the CFTC for his extreme poor judgement.
But...but... the odds... are evah in our favahhhh
right?
She promised!!
We need balls-to-the-walls prosecutions of JP Morgan, Goldman Sachs, credit rating agencies, Countrywide, the mortgage industry, the appraisers,Freddie and Fannie, Citi and the big bankster Wall Street banks, AIG, and current and former federal co-conspirators at U.S. Treasury, SEC, OTS, Federal Reserve, especially FRBNY( Tiny Tim, Dudley-Do-Wrong), and those members of Congress who aided and abetted the greatest financial crimes in U.S. history.
Justice demands these long-overdue prosecutions of overlapping RICO criminal enterprises. We need 20 years-to-life hard time prison sentences for the hundreds convicted. We need RICO confiscations of the hundreds of billions in illegal "profits" from the criminal enterprises of the banks, mortgage industry, and Wall Street Mafia.
Because of the huge backlog of RICO cases, the prosecution and the courtroom should be modified to process the mass trials in style of the Maxiprocesso (Maxi Trials) of the Mafia in Sicily during the 1980s that resulted in hundreds of defendants convicted.
http://www.youtube.com/watch?v=_nPEgV1oqX0
I wonder if Blythe posed for this: http://www.providentmetals.com/zombucks-walker-1-oz-silver-round.html
The image cuts deep--worthy of WB7.
"Blythe Masters" should be a villian in Bond movie.
I thought Bond had a license to kill.
Just a one time villain i guess.
Like the Mafia, too much press is to be avoided....
The fact that she was chosen to join the CFTC confirms everything we already knew about this cabal.....
So they tested the water and now she must go back to doing the same job she has always done from the shadows. The only positive from this is that they can be under no illusion that the people who care and understand are still watching..... closely.
One day Blythe Masters. Justice will be done.
I would blythely go along with her being the master of my domain!
I know I'm stupid, so I don't have a problem asking this where is the furious fucking tweet?
Fed Vice-Chair Nominee Stanley Fischer Worth Up to $56.3 Million;Gained Wealth By Working for the BankstersGoing to liquidate all holding TAX FREE
http://www.economicpolicyjournal.com/2014/02/fed-vice-chair-nominee-stan...
Who's taking her place, Corzine?
Dodd wife wrote the regulations or CTFC... http://comments.cftc.gov/PublicComments/ReleasesWithComments.aspx you have to get active I wrote letter about no swaps at all for primary dealers... No marketmaking nada nothing one or the other.... welfare swaps..... JPM is foodstamps and ...........
Here's the rest of the CFTC list from an earlier post.
Twitter these f---s(oops, fellows) and maybe they will all quit too.
Mr. Robert F. Klein
Managing Director and Associate General Counsel
Citigroup Global Markets, Inc.
Mr. David Goone
Chief Strategic Officer and Senior Vice President
Intercontinental Exchange
Mr. Richard Berliand
Member, Supervisory Board
Deutsche Börse AG
Ms. Kim Taylor
President
CME Group
Mr. John Nixon
Chief Executive Officer Electronic Broking
ICAP
Mr. Joe Nicosia
Senior Vice President for Cotton and Coffee
Louis Dreyfus Commodities
Mr. Stephen O’Connor
Chairman of the Board
ISDA
Mr. Paul Hamill
Managing Director
Global Fixed Income Trading
UBS
Mr. Dan Roth
President and Chief Executive Officer
National Futures Association
Mr. Costa Randall
Managing Director
Citadel
Mr. David Downey
Chief Executive Officer
OneChicago
Ms. Darcy Bradbury
Managing director
D. E. Shaw & Co.
Mr. Michael Dawley
Board Member
Futures Industry Association
Mr. Chris Allen
Managing Director and Global Head of Regulatory Strategy
Barclays
Ms. Supurna VedBrat
Managing Director
BlackRock
Mr. Sunil G. Hirani
CEO
trueEX
Mr. Yasushi Takayama
General Counsel
Nomura Securities International
Mr. David Weisbrod
Chief Executive Officer
LCH
Mr. Clive Christison
Regional Business Leader of Integrated Supply and Trading
BP
Mr. James J. Hill
Managing Director
Global Credit Derivatives Officer
Morgan Stanley
Mr. George Harrington
Global Head
Fixed Income Trading
Bloomberg
Mr. Doug Hepworth
Independent Account Controller
Gresham Investment Management
Mr. Raj Mahajan
Chief Executive Officer
Allston Holdings
Mr. Clinton Lively
Senior Vice President and Global Head of Market Risk
RBC
Ms. Blythe Masters
Head of Global Commodities
J.P. Morgan
Ms. Caitlin Kline
Derivatives Specialist
Better Markets
Mr. Mike Lesage
President of Risk Management
Cargill
Ms. Samara Cohen
Managing Director
Securities Division
Goldman Sachs
Mr. John Parsons
Executive Director of MIT Center for Energy and Environmental Policy Research
Interesting, not one candidate from a company (ex Cargill maybe) which actually produces oil, PM, agriculture,or any commodities as its core business. Could it be any more obvious who these markets really exist for, and why regulatory capture is soooo important to them?
Ah so nice
A list of all those conniving frauds in the CFTC who will need to face the PM Tribunal very soon.
.....rumor has it that Jon Corzine will now take this spot on the CFTC.....
is Blyth Masters
really Timmy Geitner
in drag ...
wait, I'm confoozed. They DO care what we think? Must mean they ARE afraid of wholesale rejection of their financial system... and riots from those who were most robbed & will be... interesting.
Yo lady, make me a sandwich.
I was thinking turkey pot pie myself.
"No kitty, that's my pot pie".
Wonder how many ropes you could fit around a nice long neck like that.
What will happen to the Commodity Default Swaps market?
cant she just go away
If wishes were horses
Ah anyway Blythe is no mare- only a nightmare
Just admit it. You would let her give you a blowjob
For HER???
Nothing would be to go for her!!!!
Quick - someone hand that girl a nailgun
wonder if her British citizenship had anything to do with it.
I would definitely fuck that bitch.
Forget Masters: John Corzine is the primo candidate for this role, surely?
Well likely they will appoint her next Treasury Secretary.
Bub-bye blythe !
Her being on that committee was always a joke, a trial balloon.
Wolf dressed in lambs clothing or the hen in the whore house.
Oh you know what I mean.
The Whore of Babylon will have to keep her powder dry.
And the next trick by TPTB will be to make Hitler president of Israel.
If a solid silver dildo explodes inside her then I will know there truly is a god.
Solid Silver Dildo here. Available for suicide missions.
I say free nailguns and nails for all...
It is good to know that a puppet that will be controlled by Masters or her ilk could never be put in place at the CFTC in her stead.
The CFTC is more rigged than a casino.
Other than the poster SpeakerFTD, heaven forbid anyone actually take the time to learn what the advisory committee is and isn’t. Similarly, heaven forbid anyone take the time to learn what the commodities desk of a major bank does. Knowledge would just get in the way of the reflex anger. For this crowd, who brings incredulousness to anything coming from the so-called “Lame Stream Media”, absolutely everything that spews from the Streaming Lame Media, aka the Internet Charlatans, is embraced as scripture.
Blythe and JPMorgue are out to get all the retail silver stackers, because Jim Willie or Turd or somebody who has access to little other than his own imagination says so. That actual large holders or producers of silver might use JPM to hedge their stash, which would be via short futures contracts, is ignored because to recognize that would mean stackers were absolutely dead wrong about the prospects for silver. On top of that, it is heresy for anyone---even those who hold pallets of 5000 oz good delivery bars---to think of silver as a mere asset play and not as “real money”. “Record physical demand” is viewed in isolation, ignoring the “record physical supply” that necessarily is the other hand clapping. Nobody allows for the possibility---no, reality---that sellers locked in their price first by shorting futures through JPM. Blythe didn’t sweat in the face of “Crash JPMorgue” because she had little to no exposure. The Internet Charlatans sold the retail silver stackers a bill of goods. Oddly, subsequent events have yet to disabuse stackers of the belief that Blythe is the only thing standing between them and great riches and the amorous attention of bevies of nubile nymphets.
SpeakerFTD called Blythe’s stepping down from consideration a Pyrrhic Victory. Indeed it is. Had Blythe taken up the advisory position, her presence would have provided an everlasting excuse for losing 60% of purchasing power from May 2011. As Erich Segal might have said, Blythe is never having to say you’re wrong.
Worth watching:
https://www.youtube.com/watch?v=hvCvPBN6d94
The Dominatrix!
Suck a dick Bleethe