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Still not a peep: JP Morgan Accused of Manipulation of Poland's Equity Markets

Still not a peep: JP Morgan Accused of Manipulation of Poland's Equity Markets

Monday, May 21, 2012 10:01

Still not a peep: JP Morgan Accused of Manipulation of Poland's Equity Markets

After more than three years we have seen no subsequent stories, follow-ups, or resolution to this story - - anyone have any info? Where are the financial journalist sleuths to sniff out the truth?

The government is investigating JP Morgan's activities in Poland

1st December 2008

Economy Minister Waldemar Pawlak has announced that the government will investigate financial services firm JP Morgan's activities in Poland, and will ask the US authorities for an explanation.

Waldemar Pawlak, Deputy Prime Minister, Minister of Economy, Poland

Concerns emerged in late November when the Polish Financial Supervision Authority (KNF) stated that it had reason to suspect that JP Morgan had been involved in manipulation of the blue-chip WIG20 index on November 12. That session ended in a 9.1 percent loss for the index. The KNF has contacted the Prosecutor's Office...

Read more:Still not a peep: JP Morgan Accused of Manipulation of Poland's Equity Markets



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Ponzi Schemes

Confidence is the name of the game.

They just don't want a whiff of scandal to take down the whole house of cards.

The emporer is naked, but nobody wants to say so.

What do you think? http://consequeries.com/

bump

Banksters at work.

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