coastaljerseyguy ✭✭✭✭✭

Well the PM and CDS scenarios are like comparing apples with oranges, and not the same thing. BTW you first brought up the CDS example to support your argument that JPM did not manipulate silver trad… (View Post)

Per the $6BB CDS loss, JPMorgan Chase Chairman and CEO Jamie Dimon said the strategy was "flawed, complex, poorly reviewed, poorly executed, and poorly monitored" - direct quote. Of course … (View Post)

In high school, worked in the summer at a book depository right near the Jersey City entrance to the Holland Tunnel. It was probably equivalent to 3 or 4 blocks long and a block wide. There were a lo… (View Post)

Well I think most folks would label the $700B TARP, and other programs, a bailout when the FED bought toxic assets and gave cash to allow these institutions to continue since the income on these asse… (View Post)

Gold was $2,600+ and silver $30 back in Jan. If you told me it would be $4,000 and $40 by year-end, I'd be thrilled. In for the long haul. (View Post)