Just saw JP Morgan in an Ann Barnhardt video this morning. Turns out they’re leverage at like, 40x their net worth in cash default swaps and junk European debt paper. It’s gonna get ugly when the depositors want their money back. MF Global was just the beginning.
JP Morgan, the Industrialist who passed away in 1913 would be appalled to see what his company has become and the BS “Diversity” being forced upon his workers in his name.