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dennyc
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The Greatest Hoax Ever Perpetrated on Mankind

- Rob Kirby - Kirby Analytics

Well, don't expect anything to change. In fact, the situation will most likely grow much more precarious.
Proof? If anyone found time to view the Senate committee hearing with Dimon of Morgan; one could only walk away with the understanding that he owns those senators, except for Merkely of Oregon. I watched with a burgeoning feeling of disgrace as one senator after another prostrated themselves in absolute subjugation before His Malfeasance (the exception being Merkely) with one toad actually claiming that he had his constituents to consider, constituents who had already been swindled by a Morgan scam. Now that's what I call 'courage'! One must fully understand by now that there will NOT be ANY assistance coming from our elected representatives and I've been sharpening the pitchfork and my neighbors are currently expanding their cottage industry of torch manufacturing. Throw the bums out!

Commented 4330 days ago

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Beginning of the headline : A few years ago, when J.P.Morgan grew their derivatives book by12 Trillion in one quarter [Q3/07] – I did some back of the napkin math – and figured out how many 5 and 10 year bonds the Morgue would have necessarily had to transact on their swaps alone – if they are hedged.The bonds required to hedge the growth in Morgan’s Swap book were 1... Read More

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