http://forumserver.twoplustwo.com/219/politics-unchained/massive-fire-jp-morgan-basement-vault-1354474/
Who knew gold was so flammable? Those vault walls must have been made of tinder also. The vault at my bank is airtight, but those folks in New York seem to have a better idea.
So, all that gold melts into one big blob. Hmmmm
Story is false. The fire was actually at JPM’s *former* building, and was in an “electrical vault” (actually the electrical panel room).
I never heard of a so called electrical vault.
I have heard of a switchgear room, buss duct, transformer bank, wire raceway, buss rail, breaker box, and current interrupter, etc.
Something stinks here besides smoked insulation.
One of the sadder things about stories like this is that we all immediately think of illegal actions, shenanigans, etc. when we read the headlines and first paragraphs. Well, at least I did anyway.
Mind you it could have been a totally legitimate occurrence. But with what we know today of crony capitalism, MF Global, Bernie Madoff, an so many others. We/I immediately think of the worst and how things like this are manipulated to benefit politics and greed.
Anyone know where Herwaldo Rivera was at the the time?
great pick at link:
http://www.silverdoctors.com/wp-content/uploads/2013/03/Bernanke-Dimon-Fed-Tunnel.png
Does anyone know if the US ever delivered the Germans and the Texans gold back to them?