Tag Archives: jp morgan

J.P. Morgan to pay $1.42 billion to settle some Lehman claims

Lehman Brothers

JPMorgan Chase & Co will pay $1.42 billion in cash to resolve most of a lawsuit accusing it of draining Lehman Brothers Holdings Inc of critical liquidity in the final days before that investment bank’s September 2008 collapse. The settlement was made public on Monday, and requires approval by U.S. Bankruptcy …

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JP Morgan and RBS: sell stocks now

JP Morgan RBS stock market sell stocks

From Filip Karinja, for Birch Gold Group Following the worst start to a year in the stock market, Week 2 of 2016 sees the likes of the Royal Bank of Scotland (RBS) and JP Morgan issuing a simple warning to clients: Get out of the stock market ASAP! Don’t worry, we were shocked …

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Israel behind JP Morgan cyber attack, 83 million customers data stolen

Israel flag

U.S. and Israeli authorities arrested four people in Israel and Florida on Tuesday in connection with several fraud schemes tied to last summer’s massive data breach at JPMorgan Chase & Co, according to news reports. The hacking of JPMorgan’s computers compromised information in 83 million household and small business accounts, …

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Six banks fined $5.8 billion for market rigging

Citi JPMorgan Barclays RBS UBS

Editor’s note: these banks made billions more from their crimes, let alone received billions of $ in bailouts which the tax payers funded. So will we receive this money? Will any of these bankers ever go to jail for their crimes? If you or I committed the crimes that these bankers are guilty of we would …

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JP Morgan accumulating world’s largest physical silver hoard

Jamie Dimon JP Morgan

Why in the world has JP Morgan accumulated more than 55 million ounces of physical silver? Since early 2012, JP Morgan’s stockpile has grown from less than 5 million ounces of physical silver to more than 55 million ounces of physical silver. Clearly, someone over at JP Morgan is convinced that physical silver is a great …

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Another JP Morgan banker ‘murder-suicided’

Michael Tabacchi JP Morgan murder suicide

A JPMorgan Chase associate and his wife were found dead in an apparent murder-suicide in Closter, New Jersey on Friday evening. According to the Bergen County prosecutor John Molinelli, Michael Tabacchi, 27, allegedly killed his wife, Iran Pars Tabacchi, 41, who also went by “Denise.” “Autopsy on Closter couple shows …

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The whistleblower who cost JPMorgan $9 billion speaks out

JPMorgan whistleblower Alayne Fleischmann

A whistleblower whose evidence prompted one of America’s biggest banks to pay out $9 billion to avoid federal prosecution has spoken out for the first time about her battle to reveal the truth. Alayne Fleischmann was a lawyer with JP Morgan in 2006 who tried to alert her managers to …

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JPMorgan’s foreign exchange business under criminal investigation

JP Morgan exchange rate manipulation

The Department of Justice has opened a criminal investigation into JPMorgan Chase‘s foreign exchange business. The announcement by the nation’s largest bank follows a similar disclosure Thursday by Citigroup. Banks in the U.S. and abroad are facing allegations that they manipulated foreign-exchange rates. Besides the Justice Department, JPMorgan says civil …

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Russia blamed for massive JP Morgan data breach

JP Morgan Chase

Editor’s note: as we have been predicting, the coming economic collapse will likely be a false flag cyberattack that brings down the banking system and will be blamed on either Russia, China, Iran or Syria. Much like the flight MH 17 incident in Ukraine which we reported, Russia was blamed with …

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JP Morgan director kills his wife, then himself

JP Morgan Julian Knott Alita

A bank executive from London shot his wife dead before turning the gun on himself. Julian Knott, 45, an executive director for JP Morgan, shot 47-year-old Alita repeatedly, police said. The father-of-three was found dead alongside her in their home in Jefferson Township, New Jersey, on Sunday. He had worked …

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