Red Ice News

Dispelling the Mythmakers

JP Morgan pays $2 billion to avoid prosecution for its involvement in Madoff ponzi scheme
New to Red Ice? Start Here!

JP Morgan pays $2 billion to avoid prosecution for its involvement in Madoff ponzi scheme

Source: intellihub.com


Bernie Madoff has said all along that JP Morgan knew about – and knowingly profited from – his Ponzi schemes.

So JP Morgan has agreed to pay the government $2 billion to avoid investigation and prosecution.

While this may sound like a lot of money, it is spare sofa change for a big bank like JP Morgan.

It’s not just the Madoff scheme.

As shown below, the big banks – including JP Morgan – are manipulating virtually every market – both in the financial sector and the real economy – and breaking virtually every law on the books.

Here are just some of the recent improprieties by big banks:
Laundering money for terrorists (the HSBC employee who blew the whistle on the banks’ money laundering for terrorists and drug cartels says that the giant bank is still laundering money, saying: “The public needs to know that money is still being funneled through HSBC to directly buy guns and bullets to kill our soldiers …. Banks financing … terrorists affects every single American.” He also said: “It is disgusting that our banks are STILL financing terror on 9/11 2013“ [...]

[...]

Read the full article at: intellihub.com

Comments

Red Ice Radio

3Fourteen

Paleo Life & The Feminine Woman
Rachel Dahl - Paleo Life & The Feminine Woman
Nationalism: Keeping It Simple
StateOfNation - Nationalism: Keeping It Simple

TV

Republican National Convention Live Coverage: Monday - Thursday
Republican National Convention Live Coverage: Monday - Thursday
Red Ice Live - Rick Tyler: "Make America White Again" Billboard
Red Ice Live - Rick Tyler: "Make America White Again" Billboard

RSSYoutubeGoogle+iTunesSoundCloudStitcherTuneIn

Design by Henrik Palmgren © Red Ice Privacy Policy