JP Morgan Takedown: Early 2011

[IdahoCopper]

WikiLeaks

"Assange claimed earlier in an interview with Forbes magazine that a "megaleak" by the website will target a major US bank "early next year"."



Will it be JP Morgan, destroyed by leaked memos on the Ag fraud? Stay tuned.

[Copper Catcher]

Be careful hat you wish for!

If you really want to make your head spin and think about the types of bubbles that might pop look at the 2010 report and the trillions and trillions of dollars involved in the derivative markets and how insane it is and I'll let you guess who the large bank might be that holds the biggest piece of the pie..

Quarterly Report on Bank Derivatives Activities
http://www.occ.gov/topics/capital-marke ... eport.html

One other key point that no one talks about and what protects the London Gold Bullion Exchange from being drained dry of all the physical metals....I think this is due to the fact that if you do take delivery I think you have to pay a large VAT tax. So contracts are mostly settled for cash and the scheme is allowed to continue.

[kwebb70]

true true

[lewbo]

I also heard it was going to be Bank of America, some other leaks went out to take your money out of BOA.

[fasTT]

It is BofA.

http://www.zerohedge.com/article/assang ... -bank-leak

Lets hope its big.

[aloneibreak]

why the wait?

why not just release the info now?

hmmm...

[TXBullion]

I wonder what the big secrets are going to be, is it :

A) They do not pay good interest rates
B) They are pulling the Ag and giving us all the skunk boxes
C) They are shorting our penny counts when dumping
D) All of the above

[whatsnext]

If they bought chase for free and now spend 1.5 billion on copper(If true) I dont think they're going anywhere.

UNLESS deflation in commodities and housing happens together.

And they can get cheap money now and free money if needed. So no they are not going anywhere.

[.02FYI]

By sprading out the leaks of information it keeps the site, wikileaks, and the company profile in the mainstream press which is better for them assumiing your not being put in jail . This will keep the suspence and anticipation rather than one large dump and then the news goes on to the next story after this one dies down.

[Lemon Thrower]

i'm very skeptical of who or what is behind wikileaks but i would be shocked if its JPM and its most likely BAC.

[TXBullion]

i'm very skeptical of who or what is behind wikileaks but i would be shocked if its JPM and its most likely BAC.

?? which one is that

[.02FYI]

possilble he meant bank of America