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RICO suits against JPM and HSBC????

CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
This is hardly a credible source:

link

however, its on the internet so it must be true. Does anybody know anything about it?

TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.

Comments

  • jmski52jmski52 Posts: 22,824 ✭✭✭✭✭
    I don't see any references to a RICO suit or JPM in the linky.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭


    << <i>I don't see any references to a RICO suit or JPM in the linky.image >>



    It was there yesterday, but as I said it was hardly a credible source.

    Here is a longer story from a more credible source:

    link2
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • BigEBigE Posts: 6,949 ✭✭✭
    Thanks for the link, I signed up for the class action suit against JPMimage----------BigE
    I'm glad I am a Tree
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭


    << <i>Thanks for the link, I signed up for the class action suit against JPMimage----------BigE >>



    What did you put for the basis of your claim? Just personal loss of value?
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Wow!
  • BigEBigE Posts: 6,949 ✭✭✭


    << <i>

    << <i>Thanks for the link, I signed up for the class action suit against JPMimage----------BigE >>



    What did you put for the basis of your claim? Just personal loss of value? >>



    Yes Chad, I have some documented losses on a futures contract right when they bottomed it to 8?bucks, might be enough, if not maybe I'll still get to follow the case closely. JPM kind f ticks me offimage-----------------------BigE
    I'm glad I am a Tree
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    Anybody think this is related to the two-day rise, or just coincidence?
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • SpoolySpooly Posts: 2,108 ✭✭✭
    Some sunshine will be good for the silver market.
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>Anybody think this is related to the two-day rise, or just coincidence? >>



    maybe

    but this link posted in another thread really caught my attention about JPM

    Derivatives and the big banks
  • justboredjustbored Posts: 35 ✭✭


    << <i>Anybody think this is related to the two-day rise, or just coincidence? >>



    No, this is old news. Even the story linked is from 11-3-2010.
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Thanks for the link, I signed up for the class action suit against JPMimage----------BigE >>



    What did you put for the basis of your claim? Just personal loss of value? >>



    Yes Chad, I have some documented losses on a futures contract right when they bottomed it to 8?bucks, might be enough, if not maybe I'll still get to follow the case closely. JPM kind f ticks me offimage-----------------------BigE >>



    You think it has to be documented? I'd join up if it didn't mean exposing my buys during the accused time just to not have it on record.

    I was in a class action some years ago that netted me all of $52, about $1/month for the time ultimately but that was based off being involved in billing for basically 52 months and not a 2 month play in market prices. Be nice though.
  • ttownttown Posts: 4,472 ✭✭✭


    << <i>Anybody think this is related to the two-day rise, or just coincidence? >>




    Well this may give an indication image

    Stunning Plunge in COMEX Commercial Gold Net Short Futures

    http://www.gotgoldreport.com/2011/07/stunning-plunge-in-comex-commercial-gold-net-short-futures.html
  • BigEBigE Posts: 6,949 ✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Thanks for the link, I signed up for the class action suit against JPMimage----------BigE >>



    What did you put for the basis of your claim? Just personal loss of value? >>



    Yes Chad, I have some documented losses on a futures contract right when they bottomed it to 8?bucks, might be enough, if not maybe I'll still get to follow the case closely. JPM kind f ticks me offimage-----------------------BigE >>



    You think it has to be documented? I'd join up if it didn't mean exposing my buys during the accused time just to not have it on record.

    I was in a class action some years ago that netted me all of $52, about $1/month for the time ultimately but that was based off being involved in billing for basically 52 months and not a 2 month play in market prices. Be nice though. >>




    I'll PM you if/when they get back to me----------------------------BigE
    I'm glad I am a Tree
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭


    << <i>

    << <i>Anybody think this is related to the two-day rise, or just coincidence? >>




    Well this may give an indication image

    Stunning Plunge in COMEX Commercial Gold Net Short Futures

    http://www.gotgoldreport.com/2011/07/stunning-plunge-in-comex-commercial-gold-net-short-futures.html >>



    Linkified:

    linky
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>

    << <i>Anybody think this is related to the two-day rise, or just coincidence? >>



    No, this is old news. Even the story linked is from 11-3-2010. >>




    was this what you were looking for Capt'n ?
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Nice find, '57.
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
    Yep, that was what the original link linked to.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.


  • << <i>This is hardly a credible source:

    link

    however, its on the internet so it must be true. Does anybody know anything about it?

    TD >>



    Wadda ya mean?! They have to be good, they were also covering the Florida Murder Trial !
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