I have heard someone said that JP Morgan somehow profit from our government’s food stamp program. Can anyone shed some light on this?
JPMorgan is the worst of the US banks. It is the most politically connected and always has been. Its connections go deep into SEC, CFTC, ThriftSup, FDIC. The FED and Treasury infiltraitors like GSachs and Co. are noobs. They are too visible and have gotten too much news attention. Meanwhile JPM sneaks even firther in.
Look up JPmorgans dealing when taking over BStearns and WaMu. Very shady insider trading as well as market manipulation. I’ll find links
Google: GATA