Commodity Trade Mantra

Posts Tagged ‘London whale’

The Volcker Rule and You: What’s Your Bank Doing with Your Money?

Its true that the Volcker Rule wouldn’t have prevented the financial crisis. So is your money safer in the bank with the Volcker Rule than without? There’s no concrete answer, but given that the loopholes are big enough to drive Jamie Dimon’s private jet through, I would say no.

Banks Disparage Gold Ownership and Engage in Largest Financial Crime Spree

As we enter 2014 and amid a list of bearish reports on gold, issued by most of the major Western banks, the flow of gold from the West to the East continues while Western banks are found guilty of a multitude of criminal activities including market rigging, insider trading, just to mention a few.

JPMorgan’s Perfect Silver Manipulation Cannot Last Forever

HFT allows for manipulative tricks to be rolled out in a very clever way. It is no coincidence that JPMorgan’s silver manipulation strategy is so clever that most do not understand the mechanics; It is a perfect manipulation – But Manipulation cannot last forever.

JPMorgan's Mortgage Settlement May Reach $20 Billion

Ironically, it may be the sins from JPMorgan’s pre-crisis legacy closet that will come back to haunt it most painfully, and result in a fine or settlement that could make the London Whale damages seem like lunch money – Expensed to an account of course.

U.S. Justice Department Preparing To Sue JPMorgan

The U.S. Justice Department is preparing to sue JPMorgan Chase & Co (JPM) over mortgage bonds it sold in the run-up to the financial crisis, a sign the bank’s legal troubles are not yet over.

JPMorgan Agrees to London Whale Fines, Said to Admit Fault

JPMorgan has agreed to pay about $800 million to a host of government agencies and make an admission of wrongdoing – Even so, it seems unlikely that JPMorgan will be able to close the chapter on the case known as the London Whale just yet.

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook