11 thoughts on “Hedge funds are taking my advice and shorting JP Morgan. Let’s really pile on the losses for JPM by taking physical delivery of silver (the paper price is meaningless; except as a giveaway price for the SLA).

  1. Mini US

    So yes, they are beginning to eat themselves.

    When the parasite becomes the host it is like a flesh decaying disease.

    Gobble Gobble, Munch Munch :)

  2. Flopot

    “The Crimes of JP Morgan Chase Bank”

    http://www.safehaven.com/article/25444/the-crimes-of-jp-morgan-chase-bank

    “The implication I am drawing is that JP Morgan is illegally manipulating the gold market downward in an effort to reduce their short positions and I believe they may have a large speculator helping them do it. For months now the price of gold has been falling and it is well known the commercial banks are causing this manipulation. It has long been theorized they have “help” in their manipulations amongst themselves and that is illegal, by law.”

  3. Hegelian Dialectic

    OTHER SIDE OF THE TRADE:
    1) Claren Road Asset Management – a firm with links to JPMorgan – has profited
    Claren’s New York-based Chief Risk Officer Bryan Carroll is a former global head of credit at JPMorgan Fleming Asset Management…Portfolio manager David DePaolo is a former executive director in high-yield credit trading at JPMorgan Chase

    2)BlueMountain Capital was co-founded by Andrew Feldstein, a former managing director at JPMorgan who worked in several of the bank’s derivatives and credit businesses.

    So, JPMorganites are on BOTH sides of the trade? – maybe ‘the writing is on the wall’ as far as JPM goes and this is just another scam to ‘legitimately’ milk it’s dying corpse.

  4. Alastair Carnegie

    This time last year, BP sue for at least $40 billion over mistakes at Deepwater Horizon. This is JPM and Ms. Blythe Masters territory. The EXXON Valdez $6 billion clean-up costs were in her portfolio…. Ms. Blythe Masters solution, a noo fangled fun-anusial torture instrument she had invented at Cambridge Looniversity….Crudit Defuck Swaps.

    http://www.computerworlduk.com/news/it-business/3275978/bp-24bn-lawsuits-claim-contractors-failed-to-use-modelling-software-properly/

  5. Alastair Carnegie

    Hedge Fund Intelligence reported :- “Michael Hintze joins a lineup that includes Kyle Bass, Paolo Pellegrini and other … BP, Transocean oil spill washes onto hedge fund shores (Magazine Version)… Michael Hintze??? where have we seen that name before??? Last year BP launched a taut suit for at least $40 billion against Transocean, leverage that by 500% and we get the magic “$200 Billion” Jamie D of JPM confessed was their mysterios position with a tempest in a teapot $2.0 bn mistake!?!

    http://www.hedgefundintelligence.com/

  6. flicks

    Yes I read in a few places that Iksil probably wouldn’t leave JP until the end of the year which infers they can’t easily get out of the screw up positions – they are held to be attacked.
    ——-
    Pencil skirt and blouse colour on the inside out – Abfab indeed

  7. I_Cant_Believe_Its_Just_a_Dip

    @Alastair Carnegie, Ian Crane whose worked in the oil industry for yrs reckons the ‘live’ video feeds from the installed cameras at deepwater horizon were actually recordings from a few months before from another accident. And he proves it using some of the GPS data thats on the actual footage. Also that after they supposedly plugged the leak-there was still a major spill going on for at least a week or 2 afterwards further proving his point.

Comments are closed.