31 votes

Keiser Report : JP Morgan Is Going Down! *vid*

http://youtu.be/-dfCLVcagxo

Jamie Dimon's diapers are full!

Published on May 22, 2012

In this episode, Max Keiser and co-host, Stacy Herbert, discuss naked short selling by Goldman Sachs and piling on JP Morgan all while being hounded by a Fox News helicopter.

In the second half of the show Max talks to Francine McKenna of reTheAuditors.com about Jamie Dimon, London whales and MF Global.

Keiser Report : JPMorgan is GOING DOWN! *vid*

Watch Keiser Report shows here:Keiser Report : Keiser Report : JPMorgan is GOING DOWN! *vid*

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Weird video.. Good news.

I saw somewhere on DP that they expect it to hit 25 billion?

Patriot Cell #345,168
I don't respond to emails or pm's.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=qo8CmO...
Those who make peaceful revolution impossible will make violent revolution, inevitable.

Seems no limit to what JP & the Boyz can lose.

Big Bank Theory: $250 Trillion Tender. JPM BoA GS MS. Bang! Submitted by Mark Twain 09/25/2011

JP alone has wagered over $78 trillion in derivative gambling. The Boyz in the US have wagered $250 trillion. They are hopelessly lost in a sea of debt.

Whether JP admits they lost $2 billion or now $3 billion... or soon $25 billion... pales in comparison to what they wager in worthless so called derivative bets. Further, $78 trillion pales in comparison to their privilege to create "legal tender" out-of-then-air when some unsuspecting victim sighs a loan document.

JP: A Fed founding member. Losing mind over matter.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Silver DOWN!...

..JP Morgan dumping their precious metals to get more liquidity.
Desperate to head this crash off "at the pass".
see:
http://finance.yahoo.com/q?s=JPM
and:
http://www.youtube.com/watch?v=M3WEDsqUo7o&feature=related
and:
http://sgtreport.com/
The SGT Report has some great RP commentary/support

Keep your powder dry fellas!

"Beyond the blackened skyline, beyond the smoky rain, dreams never turned to ashes up until.........
...Everything CHANGED !!

JP Morgan is out of shape. Not good. Not at all.

Hitting the liquidity too hard.

$78 Trillion in gambling wagers [derivative contracts] outstanding.
http://www.dailypaul.com/180228/5-big-banks-250-tillion-teat...

Watch your step.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

JP Morgan is in good financial

for now. If wall street starts to worry if JP Morgan can continue to make profits some may sell their stocks. This could cause JP Morgan to lose more billions in stock value depreciations.

It wasn't long ago MF Global went from riches to rags over night, and many were caught off guard.

Don't forget All US banks are very top heavy with derivative gambling accounts. JP Morgan is sitting on $7 trillion, I guess $2 billion is nothing compared to what they could lose. Also the 2 billion has grown to 3 billion in 1 day.

Here is some info on banks derivatives: http://www.dailypaul.com/227916/mother-of-all-infographics-t...

Gold standard: because man can not be trusted to control his greed

??"...sitting on $7 trillion. I guess $2 billion is nothing."??

Irony upon irony.

"JP Morgan sitting on $7 trillion [derivative contracts]. I guess $2 billion is nothing compared to what they could lose." - Beeman, DailyPaul Member, 2012.

JP Morgan was an imp. He was made imfamous as the model for the cartoon banker character of the Monopoly Game ®. To write that he or his bank is in good shape does not sit well with facts. What of $200 billion asset balance sheet holding in trust a couple trillion dollars in deposits (of other people's money), whilst out back gambling $7 trillion against the Wall?

Are you sure their derivative gambling is a mere $7 trillion? Or might it be over $78 trillion as reported by the US Office Of the Currency Comptroller?

Big Bank Theory: $250 Trillion Tender. JPM BoA GS MS. Bang! Submitted by Mark Twain, 09/25/2011
★★★★★
Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure; ★★★★★

US Office Of the Currency Comptroller

The latest quarterly OCC report... is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure. The top 4 banks:

  1. JP Morgan = $78.1 trillion in exposure
  2. Citi = $56 trillion
  3. Bank of America = $53 trillion
  4. Goldman = $48 trillion

★★★★★ This "Too Big to Fail" banks account for 94.4% of total exposure in the USA. ★★★★★
------------
Graphic showing $250 Trillion exposure shown at link. Not for the faint at heart.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

I yeild to your higher knowledge

thank you. You only make my claims of JP Morgan failure look even better. We might wake up someday soon to seeing mass banks failing and Jamie Dimon being thrown from the roof of the JP Morgan building by his own board of directors.

I am going to buy some more silver!

Gold standard: because man can not be trusted to control his greed

I save United States Nickels. No commision. No fee.

The United States Nickel is the last remnant of money worth its weight in common circulation. US Nickel is 25% nickel & 75% copper. It is still worth its weight. Coins made of metal are like that. Worth their weight.

US banks failed many times by & by. Recently: 1913 -the Fed, 1933 - the Gold, 1965 - the silver , 1971 - the gold standard, 1982 - the copper (the US penny lost its copper; US dropped to the lowly zinc standard), 2007 ("Too-Big-to-Fail" bank bailouts; financial chaos)...

[Victrola plays As Time Goes By Casablanca, 1942]

For better or worse, the US Nickel is worth its weight... as time goes by.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Yawn

Call me when their losses are $50 Billion. $2B is nothing.

The mindless "downvote"

I know, I know... anyone who does not say the world is ending tomorrow is obviously an idiot. Down vote.

Keiser is way, way over the top on this.

If JPMorgan loses $2 or $3B or $8B, big friggin deal. They can make that up in carry trade in no time. This is a company that MAKES $20B in pre tax income every year and has $200B in NET ASSETS, so again, big friggin deal.

Now, if it's a $200B loss, then you might see JP Morgan might have trouble. Please call me when that happens. Otherwise, Keiser is blowing his wad over nothing.

Theoretically, your argument sounds sensible, BUT...

If it is true that JPMorgan Chase's problems are only in the range of a few billion dollars, why would Jaime Dimon put himself in he position of publicly exposing this "little" problem? Do you think he made this announcement just because he likes the attention?

CEO's of big banks don't draw this kind of attention to their errors unless they have no other options. Something BIG is going on at Chase and, unfortunately, we'll probably be getting the full picture all too soon.

fair point

It's material. He has to disclose it. He's pulling the pin on the grenade before the analysts think he's trying to hide something.

This is a double edged sword

The good news is that one of the arrogant, greedy, corrupt big banks may have cheated a little too much and may be circling the drain. The bad news is that some people have their pensions and retirement funds tied up with JP. One thing that I found interesting is that they dumped alot of their paper Gold and Silver but are holding their physical gold and silver....Do they know something that Ron Paul supporters already know? : )

You can take out a loan on your 401K

and invest it in silver. This will be a hedge against the criminal banksters. It will cover your butt if SHTF.

Gold standard: because man can not be trusted to control his greed

Buy silver!

Protect your self from financial tyranny! The brain dead public will never figure this out, because of the MSM blackout. The elites don't want you to buy silver, If you do your taking back control from the financial terrorists.

Once the financial system starts to collapse it's too late to buy, silver won't be available at any price. There will be a mass exodus out of the fiat dollar, but no one will want it.

Gold standard: because man can not be trusted to control his greed

Or Honey.

Kept dry, Honey never spoils.

beesting

I wish I had some honey

Monsanto and Bayer with all their poisonous corn and soybeans have pretty much wiped out my 300 colonies I once had.

Gold standard: because man can not be trusted to control his greed

Birds of a feather.

Tis not just the Federal Reserve dollar note... A green promissory note.

Nary a country in the world has honest money in common circulation. World markets are awash in fiat currency.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

There is only one country not under the elitist

control and that is Iran. The nuke talk is just a false flag, they really want total control over their banking system.

Does anyone doubt there was any other reason to go after Libya, they were threatening to set up the gold Dinar as payment for oil.

Gold standard: because man can not be trusted to control his greed

Many years ago, I kept track of such items of interest.

The recent advent of the so called Arab Spring was much to do about amalgamating national central banks. Without troubling the details, seems you have up-to-date information. I don't know about Sudan, North Korea, nor many of the small sovereign states.

Thank you for the update.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Guess I'd better

Start looking for a new bank since my checking & savings are with JP Morgan Chase. The military forces direct deposit on my husband so we have to deal with banks. Any suggestions?

Credit Union

A couple years back I got sick and tired of hassling with Bank of America and all the da*n manipulated fees they kept assigning. I was constantly having to call in or go to the local branch and explain how their manipulations were causing multiple overdraft and insufficient fund fees. It was all there doing because I kept close watch on my accounts. They would refund the fees but I still had to be continuously contacting them.

I tried several other banks over a few months period but they were rude and had many of the same faults, including Chase.

I finally took my business to a local credit union and was amazingly suprised at the difference. They are friendly, helpful, have many more tellers and are open more hours and days. Local credit unions are the way to go.

Credit Union. Your deposit makes you an owner.

Credit Union. Final answer.

Best of luck to you & yours.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

It is important to explain...

It is important to explain that the loan terms are very different. It is not compounded daily,they do not have late fees or balloon payments,no prepayment penalties. Money borrowed from a credit union is very user friendly.

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

Brief addendum to my final answer.

I have found over the years, credit unions have much better business practices & terms. Terms of each loan must be scrutinized, as there are many variants; overall, I choose to use credit unions. I avoid loans.

Terms & conditions apply... Credit unions are far less bad.

They share many of the troubles of our Federal Reserve faith-based monetary system. Example: a promissory note monetary system racket run without money. Credit unions & their credit cards are tied to & supposedly backed by banks.

Alas, we must live in the world we were born unto.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Some are not covered by FDIC

But with this coverage also comes a contract with the FDIC insurance company and underwriters. This could be a problem in it's self. Good to talk to you again my friend!

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

Most Credit Unions have no FDIC. They offer NCAU Insurance.

Post Script to my Adendum:

The National Credit Union Administration (NCUA) is the federal agency that administers the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF, like the FDIC’s Deposit Insurance Fund (for Banks), is a federal insurance fund backed by the full faith and credit of the U.S. Government.

The NCUSIF insures member savings in federally insured credit unions, which account for approximately 98 percent of all credit unions. All federal credit unions and the vast majority of state-chartered credit unions are covered by NCUSIF insurance protection. Credit unions that are insured by NCUSIF must prominently display the official NCUA insurance sign.
http://www.NCUA.gov/DataApps/Pages/SI-Tools.aspx
---
Twas a pleasure hearing from you. Take good care.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Look for a credit union

I left Chase last year and have never been happier. Credit Unions are owned by the depositors, so the interest rates of what you put in tend to be about twice as high as large banks. At this stage in my life, I need to keep a lot of liquid assets as I will be buying a house soon, so I can't tie up things in investments. As soon as that is all squared away, then I will, but for now, my credit union interest rate is still better than the almost nothing I was getting from Chase.

Make sure the one you choose is federally insured by NCUA:

http://www.ncua.gov/Pages/default.aspx

Good luck!

With liberty and justice for all...who can afford it.

I'm in the same boat also

Direct deposit..checking and my savings.
Gonna get as much xferred to another financial institution as possible in the morning...wow!

"Beyond the blackened skyline, beyond the smoky rain, dreams never turned to ashes up until.........
...Everything CHANGED !!

Thanks

I will look into some of the credit unions around here. There are several on Fort Knox for military personnel. My husband is getting ready to deploy to the Horn of Africa soon (after just getting back from Iraq in December) so we need to get our financial stuff in order.