I will give JP Morgan Chase a multi billion dollar tip....go woke, go broke.
These scumbag bankers are guilty of market manipulation, were fined nearly 1 billion recently, and the CFTC continues to ignore them harvesting huge barrels of money at the expense of everyone else.
**J.P. Morgan settled for an undisclosed amount a lawsuit that accused the firm of “spoofing” trades in the precious metals market.
**The suit by hedge fund manager Daniel Shak and two commodity traders accused J.P. Morgan of manipulating the silver futures market, costing plaintiffs $30 million in losses.
**The bank is also nearing a settlement of $920 million to resolve government investigations for similar alleged conduct in the precious metals and Treasury futures markets, CNBC has learned.