the epicenter of primary wave 3 up is a once in a lifetime event that most will miss and the fear of heights and the attendant noze bleeds will be indemic
J.P.Morgue
“According to its financial filings, as of December 31, 2013, JPMorgan held $17.9 billion in Bank-Owned Life Insurance (BOLI) assets, a dark corner of the insurance market that allows banks to take out life insurance policies on their workers, secretly pocket the death benefits, and receive generous tax perks subsidized by the U.S. taxpayer. According to experts, JPMorgan could potentially hold upwards of $179 billion of life insurance in force on its current and former workers, based on the size of its BOLI assets.”
Nice place to work ! You are worth more Dead than alive, if you don’t produce BIG returns …Take big risks to make the Bank Big Profits and if you Fail ,You are worth more DEAD than Alive.The “suicide” rate at JP Morgue is multiples higher than other Banks ..Hmmmmm makes you wonder !Is Jamie next?
While we wait for the next drubbing Wanka
has posted a link to Wall st on Parade
http://wallstreetonparade.com/
Which is full of mind blowing stories of how out of control corrupt Fall st has become, ( London is as bad or worse). We know how bad the rigging is in the PM’s, but a few minutes reading there shows they have lost any linkage to real life at all.
The only solution would be to jail them all, as it seems they will bend/break any rule to make more money. I knew it was bad…but not that bad.
1270 is the low for Gold
after the OE, GDP#. FOMC, and BSBLS! So says the Turd or thereabouts. Then we are off to the moon-I say.