TV News LIES

Monday, Aug 10th

Last update11:55:06 AM GMT

You are here News Economy JPMorgan Responsible for the Destruction of U.S. Financial System

JPMorgan Responsible for the Destruction of U.S. Financial System

E-mail Print PDF

The tag team of JPMorgan as the monster and Goldman Sachs as its harlot represent a powerful pair that is more responsible for destroying the entire US financial system than 95% of the American public has any awareness. The colossus of JPMorgan is a monster, a predator, nurtured by pond scum. It has gobbled up Chase Manhattan, Manufacturers Hanover, Chemical Bank, Bank One, and more over the past two decades. Their profound presence in keeping the USTreasury Bond yields down can never be understated. They do so by managing 85% of the credit derivatives on the planet. They distorted usury prices, as in price of borrowed money, thus aggravating the LIBOR (London InterBank Offered Rate) market in a very visible manner.

More...


Most Recent Related Stories...


US unexpectedly lost 23,000 jobs in July as slump in growth continues

US job report - minus 23,000US employers unexpectedly lost 23,000 jobs in July and gains for the previous two months were...

Amazon received $600M in Trump tariff refunds, will return some to customers

AmazonAmazon said this week that it received hundreds of millions of dollars in refunds from President...

450K borrowers say they were ripped off. Their student loans are being erased

Linda McMahonThe long legal battle to erase the debts of nearly half a million federal student loan...

Let them eat SUVs: Trump White House orders fleet of luxury cars as Americans struggle

Trump buys fleet of luxury carsGas prices are up almost a dollar a gallon since the day Donald Trump took office;...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!