TV News LIES

Friday, Mar 06th

Last update04:13:03 AM GMT

You are here News Economy JPMorgan Responsible for the Destruction of U.S. Financial System

JPMorgan Responsible for the Destruction of U.S. Financial System

E-mail Print PDF

The tag team of JPMorgan as the monster and Goldman Sachs as its harlot represent a powerful pair that is more responsible for destroying the entire US financial system than 95% of the American public has any awareness. The colossus of JPMorgan is a monster, a predator, nurtured by pond scum. It has gobbled up Chase Manhattan, Manufacturers Hanover, Chemical Bank, Bank One, and more over the past two decades. Their profound presence in keeping the USTreasury Bond yields down can never be understated. They do so by managing 85% of the credit derivatives on the planet. They distorted usury prices, as in price of borrowed money, thus aggravating the LIBOR (London InterBank Offered Rate) market in a very visible manner.

More...


Most Recent Related Stories...


US shed 92,000 jobs, unemployment ticked up to 4.4% in February

BLSThe U.S. economy shed 92,000 jobs in February, the  estimated March 6, falling far short of...

NY governor calls for $13.5B in tariff refunds

Kathy HochulGov. Kathy Hochul (D) is calling on the Trump administration to refund approximately $13.5 billion to...

Judge orders Trump administration to close out goods without charging emergency tariffs

US Court of International TradeThe federal trade court judge overseeing the refund process for President Trump’s tariffs ordered the administration...

Trump donor who criticized offshoring to close Ohio plant and move work to China

John PaulsonJohn Paulson, a hedge fund billionaire and one of Donald Trump’s earliest Wall Street backers, is...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!