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Is JPM Metals "Whistleblower" Letter A Complete Fraud Or Just A Total Mockery?

Tyler Durden's picture




 

Today, the metals space is abuzz with a CFTC "comment letter" posted on its website by an alleged "current JPM employee." There is only one problem - this letter is either a complete fraud or simply a total mockery, as it provides absolutely nothing new, and merely regurgitates existing manipulation claims already out in the public domain, and backed by precisely zero evidence. How about attaching a signed trade confirm, or a daily internal P&L report, or even a blotter entry? No? Because they don't exist? Needless to say, anyone can submit such an alleged insider letter, and since there is no name associated to it, we would advise everyone to merely enjoy this a prank attempt. Unfortunately, what more such repeated faux "whistleblower letters", which are likely forthcoming, from other "current JPM employees" will do is simply dilute the effect of any real such disclosure that may come in the future. For that purpose, we strongly caution anyone who considers submitting such disinformation attempts from doing so as it will merely impair and discourage any just intent of validated and justified whistleblowing, either at JPM or elsewhere.

Full "letter" below

Dear CFTC Staff,

Hello, I am a current JPMorgan Chase employee. This is an open letter to all commissioners and regulators. I am emailing you today b/c I know of insider information that will be damning at best for JPMorgan Chase. I have decided to play the role of whistleblower b/c I no longer have faith and belief that what we are doing for society is bringing value to people. I am now under the opinion that we are actually putting hard working Americans unaware of what lays ahead at extreme market risk. This risk is unnecessary and will lead to wide-scale market collapse if not handled properly. With the release of Mr. Smith’s open letter to Goldman, I too would like to set the record straight for JPM as well. I have seen the disruptive behavior of superiors and no longer can say that I look up to employees at the ED/MD level here at JPM. Their smug exuberance and arrogance permeates the air just as pungently as rotting vegetables. They all know too well of the backdoor crony connections they share intimately with elected officials and with other institutions. It is apparent in everything they do, from the meager attempts to manipulate LIBOR, therefore controlling how almost all derivatives are priced to the inherit and fraudulent commodities manipulation. They too may have one day stood for something in the past in the client-employee relationship. Does anyone in today’s market really care about the protection of their client? From the ruthless and scandalous treatment of MF Global client asset funds to the excessive bonuses paid by companies with burgeoning liabilities. Yes, we at JPMorgan that are in the know are fearful of a cascading credit event being triggered in Greece as they have hidden derivatives in excess of $1 Trillion USD. We at JPMorgan own enough of these through counterparty risk and outright prop trading that our entire IB EDG space could be annihilated within a few short days. The last ten years has been market by inflexion point after inflexion point with the most notable coming in 2008 after the acquisition of Bear.

I wish to remain anonymous as of now as fear of termination mounts from what I am about to reveal. Robert Gottlieb is not my real name; however he is a trader that is involved in a lawsuit for manipulative trading while working with JPMorgan Chase. He was acquired during our Bear Stearns acquisition and is known to be the notorious person shorting in the silver future market from his trading space, along with Blythe Masters, his IB Global boss. However, with that said, we are manipulating the silver futures market and playing a smaller (but still massively manipulative) role in manipulating the gold futures market. We have a little over a 25% (give or take a percentage) position in the short market for silver futures and by your definition this denotes a larger position than for speculative purposes or for hedging and is beyond the line of manipulation.

On a side note, I do not work directly with accounts that would have been directly impacted by the MF Global fiasco but I have heard through other colleagues that we have involvement in the hiding of client assets from MF Global. This is another fraudulent effort on our part and constitutes theft. I urge you to forward that part of the investigation on to the respective authorities.

There is something else that you may find strange. During month-end December, we were all told by our managers that this was going to be a dismal year in terms of earnings and that we should not expect any bonuses or pay raises. Then come mid-late January it is made known that everyone received a pay raise and/or bonus, which is interesting b/c just a few weeks ago we were told that this was not likely and expected to be paid nothing in addition to base salary. January is right around the time we started increasing our short positions quite significantly again and this most recent crash in gold and silver during Bernanke's speech on February 29th is of notable importance, as we along with 4 other major institutions, orchestrated the violent $100 drop in Gold and subsequent drops in silver.

As regulators of the free people of this country, I ask you to uphold the most important job in the world right now. That job is judge and overseer of all that is justice in the most sensitive of commodity markets. There are many middle-income people that invest in the physical assets of silver, gold, as well as mining stocks that are being financially impacted in a negative way b/c of our unscrupulous shorts in the precious metals commodity sector. If you read the COT with intent you will find that commercials (even though we have no business being in the commercial sector, which should be reserved for companies that truly produce the metal) are net short by a long shot in not only silver, but gold.

It is rather surprising that what should be well known liabilities on our balance sheet have not erupted into wider scale scrutinization. I call all honest and courageous JPMorgan employees to step up and fight the cronyism and wide-scale manipulation by reporting the truth. We are only helping reality come to light therefore allowing a real valuation of our banking industry which will give investors a chance to properly adjust without being totally wiped out. I will be contacting a lawyer shortly about this matter, as I believe no other whistleblower at JPMorgan has come forward yet. Our deepest secrets lie within the hands of honest employees and can be revealed through honest regulators that are willing to take a look inside one of America's best kept secrets. Please do not allow this to turn into another Enron.

Kind Regards,
-The 1st Whistleblower of Many

 

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Thu, 03/15/2012 - 10:56 | 2257755 Lost Wages
Lost Wages's picture

Aw snap.

Thu, 03/15/2012 - 11:09 | 2257795 Stanwick
Stanwick's picture

Free Greg Smith!

Thu, 03/15/2012 - 11:26 | 2257855 redpill
redpill's picture

What does he have against the word "because" that it deserves abbreviation every time?

Thu, 03/15/2012 - 11:56 | 2258062 Chief KnocAHoma
Chief KnocAHoma's picture

This just in - a former GS employee jumped in front of a train this morning after shooting himself in the head from behind four times.

In other news - The Brave One, Husein Obama picked a 1 seed, North Carolina, to win the NCAA basketball tornament. You fellas better not embarass the Leader... or else!

Thu, 03/15/2012 - 15:46 | 2259067 Pool Shark
Pool Shark's picture

 

 

 

Queue famous Woody Allen quote:

http://www.youtube.com/watch?v=dP3uGDEPvzA

Thu, 03/15/2012 - 11:10 | 2257797 SHEEPFUKKER
SHEEPFUKKER's picture

Dear diary........

Thu, 03/15/2012 - 11:55 | 2258046 Born Patriot
Born Patriot's picture

Guys, that letter is the real deal. JPM has been maniuplating gold and silver with the help of central banks to promote their multicultural fiat currency system. Multicultural societies ALWAYS collapse, UNLESS they are supported by fraudulant fiat money. This is what the anti-Ron Paul crowd doesn't want you to know.

Thu, 03/15/2012 - 12:25 | 2258249 tmosley
tmosley's picture

Your act is extremely tired.  Give it up, RNR.

Thu, 03/15/2012 - 14:12 | 2258701 LowProfile
LowProfile's picture

Change your icon to the Gadsden and drop the separatist rhetoric and you'd get 100% up-votes...

Thu, 03/15/2012 - 14:29 | 2258756 THECOMINGDEPRESSION
THECOMINGDEPRESSION's picture

Looks true to me..therefore its real even if its not.

Fri, 03/16/2012 - 18:23 | 2263649 Buck Johnson
Buck Johnson's picture

I told many before that Greece had over 1 trillion dollars or even 2 trillion in CDS's.  Because since it's not a regulated market they don't know who or what owns CDS to certain financial actdions.

Thu, 03/15/2012 - 10:58 | 2257760 Capitalist
Capitalist's picture

Looks like a fake to me.

Thu, 03/15/2012 - 11:47 | 2257975 Sudden Debt
Sudden Debt's picture

Like my grandfather use to say:

GUILTY ONTILL PROVEN OTHERWISE!! AND WHEN IN DOUBT, HANG'EM!!

 

 

Thu, 03/15/2012 - 10:59 | 2257763 forzafinance
forzafinance's picture

Looks pretty fake to me.. there's nothing there that couldn't have been pulled up from 10 minutes of research

Thu, 03/15/2012 - 11:01 | 2257771 SheepDog-One
SheepDog-One's picture

Its fake, because its true? So youre really saying its real.

Thu, 03/15/2012 - 11:11 | 2257800 Theta_Burn
Theta_Burn's picture

Obfuscation^2

Thu, 03/15/2012 - 11:25 | 2257850 passwordis
passwordis's picture

 Studies within the law enforcement industry will tell you it is virtually impossible to consistently detect when someone is lying.  Law enforcement professional will also tell you that when people are shown a genuine photo of a murder victim laying in a pool of blood, they often think the photo is fake.

Trying to determine if the author of a written letter is being honest is an exercise in futility

Thu, 03/15/2012 - 11:31 | 2257885 CPL
CPL's picture

It's a honeypot meme.  Same thing is done in Anonymous.  Where does the honeypot pop up and who is talking about it.  I believe marketing groups call it marketing metrics.

 

JPM is probably just seeing where it needs to tighten the security screws or who isn't getting put on the Xmas wishlist.

Thu, 03/15/2012 - 11:00 | 2257766 SheepDog-One
SheepDog-One's picture

This is all just stupid....its well past time for them to pull out the rug on this puppet show.

Thu, 03/15/2012 - 11:01 | 2257772 dereksatkinson
dereksatkinson's picture

Spelin + Gramur = whorible.

Thu, 03/15/2012 - 14:08 | 2258694 snakeboat
snakeboat's picture

smells like Euro-spanglish.   and I'm pretty sure the regulators are sposed to be regulatin' on the banks and not on 'us'.

Thu, 03/15/2012 - 11:01 | 2257773 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The CFTC are a bunch of wonks.  It was forever ago that Maguire came out and handed them silver manipulation on a, well, platter.

Thu, 03/15/2012 - 11:21 | 2257825 Pegasus Muse
Pegasus Muse's picture

An Oldie but a Goodie.  

Water, Meet Blood - JP Morgan Admits To, Reduces Massive Silver Short Position, Proves Millions Of Conspiracy Theorists Correct

http://www.zerohedge.com/article/jp-morgan-admits-defeat-cuts-silver-short-position-proves-millions-conspiracy-theorists-abso

Thu, 03/15/2012 - 11:03 | 2257779 Acet
Acet's picture

Actually if you're a big bank worried about possible whistleblowers making the news with a story about your company, it's a good strategy to pre-desensitize the public and the media with a flood of highly suspicious whistleblower stories.

Thu, 03/15/2012 - 11:07 | 2257791 Theta_Burn
Theta_Burn's picture

winner of a chicken dinner...

Thu, 03/15/2012 - 13:02 | 2258448 Zero Debt
Zero Debt's picture

Which may imply that a massive whistle is going to be blown...but later..

"This is not the whistle (blow) you have been looking for"

Thu, 03/15/2012 - 15:29 | 2259002 Theta_Burn
Theta_Burn's picture

It's times like these that i completely regret not choosing the nick "Massive Whistle"...

Thu, 03/15/2012 - 11:03 | 2257781 Seasmoke
Seasmoke's picture

my first reaction when i read it (even before this ZH thread) was its a fake

Thu, 03/15/2012 - 11:04 | 2257782 qussl3
qussl3's picture

Good lord that's pathetic.

Thu, 03/15/2012 - 11:24 | 2257847 passwordis
passwordis's picture

 Studies within the law enforcement industry will tell you it is virtually impossible to consistently detect when someone is lying.  Law enforcement professional will also tell you that when people are shown a genuine photo of a murder victim laying in a pool of blood, they often think the photo is fake.

Trying to determine if the author of written letter is being honest is an exercise in futility

Thu, 03/15/2012 - 11:07 | 2257784 SIOP
SIOP's picture

I dont think it's fake, just my feelings,  actually I think he/she sounds somewhat young and scared

Edit: What ever happend to Andrew Maguire?  I'll have to look that up.

Thu, 03/15/2012 - 11:05 | 2257786 SeverinSlade
SeverinSlade's picture

I'll bet that Turd is behind this.  Probably upset that his TA and "1900 gold 40 silver any day now because resistance levels held!" turned out to be a big miss.

Don't mean to hate on the guy.  His charts offer some insight as to where price MAY go, but Turd (and almost all of the Turdites) fail to grasp that there's a lot more to PM manipulation than than Blythe Masters and JPM.

Thu, 03/15/2012 - 11:07 | 2257790 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Didn't TF call gold to $1640?

Thu, 03/15/2012 - 11:23 | 2257840 SeverinSlade
SeverinSlade's picture

Yes he did, but after a saying that silver was poised to rocket up to $40+ and gold $1800+. 

I like TF, I really do.  I'm just never as enthusiastic (in the short/medium term at least) as him or his followers.  I always exercise caution as we all know that PMs are holy water to the bankster fucks.

In the end, we're all in the same fight, so don't take my words as a hit on TF.  I value his site and TA for sure. 

Thu, 03/15/2012 - 11:22 | 2257835 goldenboy
goldenboy's picture

Be smart. Abandon charts. They are nothing but a distraction. The outcome was encoded into this paper gold game at its inception 40 years ago: PAPER gold public price to zero; Physical Gold price publicly reassigned true value. Dump your PAPER now, buy PHYSICAL now. Simple.

Thu, 03/15/2012 - 11:11 | 2257801 spartan117
spartan117's picture

Please do not allow this to turn into another Enron.

 

I want to see JPM turn into another Enron.  That would be heavenly.

Thu, 03/15/2012 - 11:13 | 2257807 Carbon Skidmark
Thu, 03/15/2012 - 11:17 | 2257816 Silverhog
Silverhog's picture

Reads like another Wynter Benton story. Everything is fixed or manipulated to some degree. Just expect extreme volatility in owning precious metals and stay physical. I'm in for the long run, ignore these distractions.

Thu, 03/15/2012 - 11:31 | 2257882 Paul Atreides
Paul Atreides's picture

Well spoken that's my current position.

I would just like to say a quick hello to all the peeps on Zerohedge. I took the red pill last October and have been tumbling down the rabbit hole ever since.  I thoroughly enjoy all your commentary it is very humurous and you are all exteremely intelligent other then the odd troll. I am an analyst and mathmatician at heart so I would also like to give a big thanks to Tyler for getting us the data that matters!

Keep on stacking!

 

Thu, 03/15/2012 - 16:47 | 2259309 Moe Howard
Moe Howard's picture

don't forget to BTFD! Beetchezzzzzz!

Thu, 03/15/2012 - 20:09 | 2260003 StychoKiller
StychoKiller's picture

Done, and done! (Look spiffy, don't they?)

Thu, 03/15/2012 - 11:22 | 2257836 passwordis
passwordis's picture

 Studies within the law enforcement industry will tell you it is virtually impossible to consistently detect when someone is lying.  Law enforcement professional will also tell you that when people are shown a genuine photo of a murder victim laying in a pool of blood, they often think the photo is fake.

Trying to determine if the author of written letter is being honest is an exercise in futility.

Thu, 03/15/2012 - 11:27 | 2257859 Carbon Skidmark
Carbon Skidmark's picture

I blame Monty Python and Japanese animation for not being able to tell if a picture of a dead guy is real.  Thanks to them I think people should have 50 gallons of highly pressurized bright red blood in them.

Thu, 03/15/2012 - 11:39 | 2257921 haskelslocal
haskelslocal's picture

Wow... So there was a study on studying liars and that study says studying is not impossible by itself, but virtually so. Good thing such studies are also inconsistent.

Work in any industry and we all can deduct details and aspects of what's being said and determine wheather such thoughts are consistent with what a typical employee would say from a given position of employ. Some things are not known by the shipping clerk that the CEO knows and vice versa. Commentary above is such a broad stroke that it doesn't represent any particular position. It's not about lying, it's about truth of message. I can tell you everything you need to know about garbage but I'm not, always, a garbage man.   

Thu, 03/15/2012 - 16:55 | 2259344 Moe Howard
Moe Howard's picture

I could swear I read this before somewhere, and I did, post # 2257850 #2257847 and now this one. You're making the thread too long and numbing my mind.

Everybody understands a double post, but three is stuttering. Master that C=64 or quit posting.

Thu, 03/15/2012 - 23:53 | 2260730 passwordis
passwordis's picture

 I would love to know the reasoning of the two people who voted down on the above post.

Thu, 03/15/2012 - 11:23 | 2257841 earnyermoney
earnyermoney's picture

Meanwhile, Democrat Bart Chilton, decides to send a "message". LOL.

http://jessescrossroadscafe.blogspot.com/2012/03/cftc-charges-mf-global-...

Thu, 03/15/2012 - 11:26 | 2257848 haskelslocal
haskelslocal's picture

Just like lotto winners, alleged whistleblowers need representation. For no matter the morale code, you're idiotic if you're blowin' tunes on that whistle yet not goin' after the cash. 

Yet even if a fake it speaks the near truth.

Thu, 03/15/2012 - 11:24 | 2257849 lizzy36
lizzy36's picture

Looks like the work of frat brothers from a lesser university (brown).

Thu, 03/15/2012 - 11:25 | 2257853 chinaboy
chinaboy's picture

Things like JPM is listed as a commercial is an obvious problem. ?May be CFTC employees should come forward and expose why the regulator choose to look the other way.

Thu, 03/15/2012 - 11:28 | 2257867 Downtoolong
Downtoolong's picture

This one looks suspect to me. Nonetheless, it does highlight a cover-my-ass aspect of Jamie Dimon's internal memo to employees which I must admit is somewhat brilliant. After all, how embarassing would it be if the day after JPM went advertising their competitor's faults to clients when they too were discovered to be the not-so-proud employer of the next Greg Smith. Better to just take the moral high ground for now and hope (er make it very clear to employees) that better not happen.   

 

Thu, 03/15/2012 - 11:30 | 2257875 Lost Wages
Lost Wages's picture

Silver Doctors "broke" the story, so it was probably one of them or one of their RWNJ fans. I say this because of the spelling errors. RWNJs can't spell.

Thu, 03/15/2012 - 11:52 | 2257926 Stackers
Stackers's picture

Cant understand why ZH refuses to believe in the PM manipulation when the market "actions" SCREAM that it is being manipulated by someone with literally unlimited amounts of money to lose. The sell off in May of 2011 in the wee hours of the morning in Asia on a holiday weekend was one of the clearest examples. Who needs P&L spread sheets when you have a market price chart to watch someone dump hundreds of millions of ounces on the futures markets in minutes. That is NOT a natural market move. And it happens over and over and over and over. The capital needed to perform and carry these operations quickly narrows the list of suspects down to central banks and the TooBigToFails

Thu, 03/15/2012 - 11:46 | 2257968 ziggy59
ziggy59's picture

Discredit all truth sayers by discrediting one. Been done before and they will do so again.

Thu, 03/15/2012 - 11:50 | 2257970 ziggy59
ziggy59's picture

Brings to mind the Boy That Cried Wolf

Thu, 03/15/2012 - 14:17 | 2258045 SillySalesmanQu...
SillySalesmanQuestion's picture

I have reports that there are dozens of trucks outside of JPM unloading shredders and whack-a-mole machines...

Thu, 03/15/2012 - 12:04 | 2258120 CoolBeans
CoolBeans's picture

In my wildest dreams throngs of JP staff wake up one day and discover they have time to save their souls.

Thu, 03/15/2012 - 12:04 | 2258122 skohiu
skohiu's picture

So when does Greg Smith have a "heart attack" or "car accident"?

Thu, 03/15/2012 - 12:08 | 2258151 Anne Ominous
Anne Ominous's picture

He was in GS of NY for 10 years and doesn't lose his virginity until he gets to London?! How sweet of him to wait, it must have been special... What a big fucking load of bullshit!!

 

It takes 5 minutes to work out whether a firm is legitimate (rare) or whether it is a fancy bucketshop (common). From experience - the smaller the place the more honest it tends to be - that works inversely too.

 

Greg Smith is a just a rat with a golden tooth leaving a sinking ship! Not worth anymore airtime - cut this rodent's tale off.

 

Thu, 03/15/2012 - 12:13 | 2258181 percolator
percolator's picture

Jamie Dimon probably wrote it.

Thu, 03/15/2012 - 12:23 | 2258234 Son of Loki
Son of Loki's picture

His written letter is evidence...what do you mean, "no evidence?"

 

Thu, 03/15/2012 - 12:30 | 2258290 east paris trader
east paris trader's picture

Here is the true bottom line: Jamie Dimon could pen a sworn confession notarized by Linda Green, and the CFTC wouldn't look into it....

Thu, 03/15/2012 - 12:52 | 2258399 Quinvarius
Quinvarius's picture

So what was the "from" address on the email?  It should not be hard to confirm this.

Thu, 03/15/2012 - 12:59 | 2258432 Silversinner
Silversinner's picture

Paper price of gold manipulated down=go to coin shop=more gold and

silver for your paper.Same game for years now,it is almost boring if it

wasn't for the nice coins.Tnx JP you take the short paper,I take the

long real stuff.We are winning and breaking the bank,slowly but

surely one by one the people are waking up.One do not buy gold,

you just exchange a promise for real money.It is not hard to do.

Thu, 03/15/2012 - 17:28 | 2259445 Moe Howard
Moe Howard's picture

Thank you. I hope gold does a dump to $1400 or lower, silver there is no bottom, shit you can pay me to take it if you like I got plenty of water the entire O-HI-O river to go boating with that sheet and I really don't have any need nor desire to sell any for a few decades so fuck them manipulate away beetchez.

Thu, 03/15/2012 - 13:00 | 2258435 ptoemmes
ptoemmes's picture

Apparently this JPM whistleblower is real and on the record though under the MSM radar (what of any import isn't).

http://www.rollingstone.com/politics/blogs/taibblog/j-p-morgan-chases-ug...

"In a story that should be getting lots of attention, American Banker has released an excellent and disturbing exposé of J.P. Morgan Chase's credit card services division, relying on multiple current and former Chase employees. One of them, Linda Almonte, is a whistleblower whom I've known since last September; I'm working on a recount of her story for my next book.

...

The Cliff's Notes version of the story goes something like this: Late in 2009, Chase's credit card services division sold a parcel of nearly $200 million worth of credit card judgments to a debt collector at a discount. This common practice in the credit-card industry is a little like a bookie selling the outstanding debts of his delinquent gamblers to a leg-breaker for 25 cents on the dollar. If the leg-breaker gets half the delinquents to pay, the deal works out for both sides -- the bookie gets 25 percent of money he wasn't going to collect, and the leg-breaker makes a 100 percent profit.

"

Pete

 

Thu, 03/15/2012 - 13:26 | 2258546 SilverDoctors
SilverDoctors's picture

Tyler, call this letter a fraud if you like, but the whistleblower contacted me prior to putting his statement on the CFTC's site.  I know his name, have researched him, and he appears to be legitimate to the best of my knowledge.  In addition to his whistleblower statement, he had me post a screen shot he took of JPM's assets and liabilities in the trading space.
http://silverdoctors.blogspot.com/2012/03/sd-exclusive-jp-morgan-whistleblower.html

For now, the whistleblower chooses to remain anonymous.  I post anonymously under The Doc, and you post anonymously under Tyler Durden.  Does that make everything Zerohedge publishes a complete fraud?  No, it simply means you wish to remain anonymous.  Would you have the balls to release your name publicly if you STILL REMAINED A JPM EMPLOYEE!?!

Thu, 03/15/2012 - 17:03 | 2259371 Moe Howard
Moe Howard's picture

Please teach him to do a spell check in future whistle-blowing. We commentators require it, JP Morgue may not.

 

Thank you.

Commentators United.

Thu, 03/15/2012 - 23:07 | 2260598 rex-lacrymarum
rex-lacrymarum's picture

This '$1 trillion hidden derivatives on Greece' story is baloney. A credit event was declared, and the gross notional amount of CDS outstanding worldwide was $72 billion, with the netted amount a mere $3.2 billion, almost half of which had to be paid by an Austrian state-owned bank. He may however have heard Jim Sinclair say something like this in a recent Kingsworld interview (which doesn't make it any less baloney-ish I fear). As to the rest....you have to be really credulous not to deem it a hoax. It's just a jumble of unsupported speculations anyone could have put together after surfing the pertinent conspiracy-minded gold-bug sites for ten minutes and reading up a bit on the MF Global story (where JPM really does have something to hide apparently, as it's a good bet that client funds were used to pay for margin calls issued by JPM to MF; alas, the law has been doctored in favor of the banksters in these cases. Margin money simply cannot be demanded back). 

Mind, I'm not trying to defend JPM, I'm merely commenting on the impression this letter makes. I tend to agree with TD that it is more likely to distract from real whistleblowing than anything else. 

Thu, 03/15/2012 - 14:39 | 2258799 notadouche
notadouche's picture

Well I need an update from the Bears to clear up all of this nonsense.  Those bears are the only two that know what the score is.  They are as credible as any other talking heads we see everyday.

Thu, 03/15/2012 - 15:55 | 2259115 user2011
user2011's picture

Sounds like Homer Simpson talking.

Thu, 03/15/2012 - 17:31 | 2259451 Moe Howard
Moe Howard's picture

It's not Homer. He has a position at TEPCO now. They needed some high price talent to help them out with something.

Thu, 03/15/2012 - 23:15 | 2260631 UnpatrioticHoarder
UnpatrioticHoarder's picture

One thing I wouldn't do if I were going to blow the whistle on JP Morgan is assume the CFTC wouldn't just trace my IP address and give it to JP Morgan.

Instead I'd check out the right sidebar on how to tip off ZeroHedge anonymously.

Fri, 03/16/2012 - 02:22 | 2260980 cnhedge
cnhedge's picture

 this is just a pockery!

 

China A-SHARE market MORNING NEWS, MARCH 16

 

http://www.cnhedge.com/thread-3088-1-1.html

http://www.jinrongbaike.com/

Fri, 03/16/2012 - 12:37 | 2262177 highwaytoserfdom
highwaytoserfdom's picture

Hey cover ups  ALWAYS GET MORE ATTENTION TO THE FACTS...    

Fri, 03/16/2012 - 22:56 | 2264285 frieswiththat
frieswiththat's picture

Snitches get Stitches....Bitches!

Sun, 03/18/2012 - 01:42 | 2266655 papaclop
papaclop's picture

JP Morgan and Jamie Dimon:   You are all a bunch of crooks that make your fat bonuses out of middle class people.

Rats like you belong in the sewers of NYC, not plush executive offices.   I have much more respect for crooks like Al Capone who at least have style, not you momma's boy suits, cheating the public with the public's own money.

There is a special section of hell waiting for you hypocritical bastards.  Go to hell all of you.

 

Sun, 03/18/2012 - 01:44 | 2266656 papaclop
papaclop's picture

Jamie... great name for a jailhouse bitch.

Do NOT follow this link or you will be banned from the site!