Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts
Sunday, June 11, 2017
BREAKING! – HUGE Precious Metals Fireworks May Be About To Start
ALERT: Unknown Entity Deletes Portion Of Whistleblower Andrew Maguire’s KWN Audio Interview About A Major Event In 26 Days
Eric King: “This summer surprise that you say is in front of us in the gold market, Andrew, I know you can’t say specifically what that is, but can you give a hint at what is in front of us that’s going to be the shocker in 26 days?”
Andrew Maguire: “What we are going to see is a massive amount (absolutely enormous tonnage) of physical gold buying coming in and it’s completely unexpected and unanticipated.” King World News note: Again, this portion of the tape was stripped out of Maguire’s KWN audio interview by some unknown entity. Who would want that question and this portion of the answer deleted and why? This is the first time anything like this has ever happened. As mentioned, a KWN staff member was able to transcribe this portion out of a retrieved copy they kept that was unaffected. What is interesting is that some entity did not want that portion of the audio interview to be heard by the KWN global audience, which includes key government officials from across the globe. All we can say at this point is that this summer surprise is obviously very troubling to the Federal Reserve, Bank for International Settlements, and other Western central banks involved in the paper manipulation of the gold market because it comes at a time when the physical gold market is already extremely tight. It will be very interesting to see if this enormous tonnage of physical gold buying breaks the back of the manipulators and sends the price of gold soaring. After the above deleted portion of tape, the KWN audio interview with Andrew Maguire continued. It left off with a comment and then a question about how the powers that be might handle this behind the scenes emergency:
Continue Reading at ..... http://kingworldnews.com/alert-unknown-entity-deletes-a-portion-of-whistleblower-andrew-maguires-kwn-audio-interview-about-a-major-event-in-26-days/
Thursday, June 1, 2017
Lindsey Williams (Pastor to the New World Order) Update
Looks like a cabal effort to keep people in a state of fear after the GCR is activated. Posting for your awareness. ~AWE
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"panic up" "The biggest gains are ahead. ~$70 trillion in cash that was sitting on the sidelines will be pouring into the stock markets." ~ Lindsey Williams
*****************************************************
https://youtu.be/xNf4J4UUH6Q
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Notes by iAMWE of Project Avalon.....
Notes from DVD are presented below...and yes, I am fully aware of his track record.
Lindsey's elite friend contacted him twice in one week. Unprecedented...you decide how important that is.
Elite = New World Order or Powers That Be.
Lindsey is 81 years old.
He will say things today that he would not have said ten years ago.
The tone of this DVD is different than previous DVDs...
Something is developing today unlike anything that has developed in human history (last 6000 years). The impact of this will change everyone's lives. Never in the history of the world has there been so much debt with near zero interest rates. America is bankrupt, but it is the best of the worst (the rest of the world). Zero interest rates are creating a monstrosity. Money on the sidelines doing nothing. Electromagnetic poisoning distorting your ability to think clearly. We are on the verge of a massive panic, but not the kind of panic that first comes to mind. This time it is a panic UP.
****************************************************************

"panic up" "The biggest gains are ahead. ~$70 trillion in cash that was sitting on the sidelines will be pouring into the stock markets." ~ Lindsey Williams
*****************************************************
https://youtu.be/xNf4J4UUH6Q
*****************************************************************
Notes by iAMWE of Project Avalon.....
Lindsey Williams - "This Summer, Panic Up" DVD notes
Notes from DVD are presented below...and yes, I am fully aware of his track record.
Lindsey's elite friend contacted him twice in one week. Unprecedented...you decide how important that is.
Elite = New World Order or Powers That Be.
Lindsey is 81 years old.
He will say things today that he would not have said ten years ago.
The tone of this DVD is different than previous DVDs...
Something is developing today unlike anything that has developed in human history (last 6000 years). The impact of this will change everyone's lives. Never in the history of the world has there been so much debt with near zero interest rates. America is bankrupt, but it is the best of the worst (the rest of the world). Zero interest rates are creating a monstrosity. Money on the sidelines doing nothing. Electromagnetic poisoning distorting your ability to think clearly. We are on the verge of a massive panic, but not the kind of panic that first comes to mind. This time it is a panic UP.
Thursday, May 4, 2017
Monday, January 23, 2017
A Win For The People - Donald Trump Signs Executive Order Withdrawing US from TPP
https://youtu.be/QMSGXg5T84E
With a stroke of a pen, President Donald Trump has unraveled the Trans-Pacific Partnership, withdrawing the US from the controversial free-trade pact. Without Washington’s participation, the TPP would have to be renegotiated or scrapped altogether.
Sunday, February 7, 2016
Which Presidential Candidates Are Receiving Money From Wall Street? These Graphs Tell It All
Source: Fellowship of the Minds
No. 1: Jeb Bush, Republican
No. 2: Hillary Clinton, Democrat
No. 3: Ted Cruz, Republican
No. 4: Marco Rubio, Republican
According to the Center for Responsive Politics, Wall Street or the securities and investment industry dominates the campaign contribution money race, having given $102 million to the 2016 presidential candidates and their super PACs.
Here's another clearer graph (source: ZeroHedge):
No. 1: Jeb Bush, Republican
No. 2: Hillary Clinton, Democrat
No. 3: Ted Cruz, Republican
No. 4: Marco Rubio, Republican
According to the Center for Responsive Politics, Wall Street or the securities and investment industry dominates the campaign contribution money race, having given $102 million to the 2016 presidential candidates and their super PACs.
Here's another clearer graph (source: ZeroHedge):
Wednesday, January 13, 2016
Wall Street Markets Continues Death Spiral - Main Stream Media Hits Panic Button- January 13, 2016
Wall Street continues to crash today. All markets are in the red as of January 13, 2016 at 4:00pm est.
-2.21%
16,151.28 / -364.94 - DOW
-3.41%
4,526.07 / -159.85 - NASDAQ
-2.50%
1,890.29 / -48.39 - S&P
Here are the financial headlines of main stream media and financial gurus!
Money Morning-4 hours ago
So what Edwards is forecasting is a full on stock market crash. ... possibly hitting a low of 550 in the event of a 2016 stock market crash.
SocGen: brace for a 2008-style crash and US stocks to fall by 75pc
In-Depth-Telegraph.co.uk-8 hours ago
In-Depth-Telegraph.co.uk-8 hours ago
The Guardian-Jan 12, 2016
Stock markets have already come under severe pressure in 2016, with the FTSE 100 down more than 5% in its worst start since 2000.
Gold Seek-5 hours ago
As stock markets
all over the globe start the week with more cliff diving, following
their worst opening week in history, I'd like to take this ...
The Sun-8 hours ago
Global stock markets
could fall by up to 20% with the price of oil plumetting to $16 a
barrel, according to RBS analysts. RBS. Fears grow that the ...
Saturday, May 16, 2015
Monday, March 30, 2015
Experts Admit Conspiracy Theorists Right About Rigged Stock Market: “The Dirty Secret Is Out”
Mac Slavo
March 28th, 2015
shtfplan.com
Are there really secret manipulations of the economy going on in the shadows of Wall Street and Washington?
Do bears crap in the woods?
The NY Post’s controversial columnist John Crudele has thrown down the gauntlet, declaring that the market is rigged. And not only does everyone know it, but it is now being admitted.
This form of manipulation extends globally, with many other central banks propping up the market, and even the U.S. government… as a means of covert proxy investment:
March 28th, 2015
shtfplan.com
Are there really secret manipulations of the economy going on in the shadows of Wall Street and Washington?
Do bears crap in the woods?
The NY Post’s controversial columnist John Crudele has thrown down the gauntlet, declaring that the market is rigged. And not only does everyone know it, but it is now being admitted.
The stock market is rigged.
When I started making that claim years ago — and provided solid evidence — people scoffed. Some called it a conspiracy theory, tinfoil hats and that sort of stuff. Most people just ignored me.
But that’s not happening anymore. The dirty secret is out.
Ed Yardeni, a longtime Wall Street guru who isn’t one of the clowns of the bunch, said flat out last week that the market was being propped up. “These markets are all rigged, and I don’t say that critically. I just say that factually,” he asserted on CNBC.
Yardeni’s claim is the most basic one: that the Federal Reserve won’t do anything that will upset Wall Street and, in fact, is doing all it can to help the stock market.So the Federal Reserve is propping up Wall Street, and the economy by extension, not only by issuing free money through QE3, but buying up bonds and shares as well.
This form of manipulation extends globally, with many other central banks propping up the market, and even the U.S. government… as a means of covert proxy investment:
Tuesday, January 27, 2015
Former Canadian Minister Of Defense Talks About Banker Takeover of Canada
Published on Jan 27, 2015
In
this video Luke Rudkowski sits down with former Canadian Minister of
Defense and accomplished politician Paul Hellyer. Paul breaks down very
important historical events that allowed the banker mafia to take over
the Canadian monetary system.We will have another video with Paul Hellyer coming out later this week dealing with Aliens so don't forget to subscribe and stay tuned to this channel.
Evidence Grows Showing Wall Street as a Negative Economic Force
Evidence Grows Showing Wall Street as a Negative Economic Force

Earlier this month, Jim Clifton, Chairman and CEO of Gallup, published a stunning indictment of Wall Street as a job creating engine. Clifton reported that the U.S. now ranks 12th among developed nations in business startups with countries such as Hungary and Italy having higher startup rates. Of equal concern writes Clifton, “American business deaths now outnumber business births.”
Clifton has a theory on why America’s crisis in creating new businesses is a well-kept secret. He writes:
“My hunch is that no one talks about the
birth and death rates of American business because Wall Street and the
White House, no matter which party occupies the latter, are two gigantic
institutions of persuasion. The White House needs to keep you in the
game because their political party needs your vote. Wall Street needs
the stock market to boom, even if that boom is fueled by illusion.”
A key function of Wall Street is to bring promising new companies to market to ensure that the U.S. remains competitive in new industries and good jobs and innovation. This process is called Initial Public Offerings or IPOs. But the nation was put on notice as far back as 2001 that Wall Street was more snake oil salesman than the locomotive for new business launches. The largest investment banks were calling the startups they were peddling to the public on the Nasdaq stock market “dogs” and “crap” behind closed doors while lauding their virtues in publicly released “research” announcements.
Continue Reading at ....... http://wallstreetonparade.com/2015/01/evidence-grows-showing-wall-street-as-a-negative-economic-force/
Wednesday, January 14, 2015
The Perfect Storm for Wall Street Banks
The Perfect Storm for Wall Street Banks

JPMorgan Chase reported 2014 fourth quarter earnings this morning, missing analyst estimates. Analysts had expected $1.31 per share while the actual number came in at $1.19. Listening to the conference call this morning, there was the impression that the $1.19 would have been worse had the bank not released loan loss reserves in a number of business areas.
Jamie Dimon, CEO of JPMorgan Chase, was back to characterizing the bank’s P&L as the “fortress balance sheet.” The London Whale credit derivatives traders almost blew up the fortress in 2012 and the markets are becoming skeptical as to just how much visibility there is on energy and emerging market loans souring on the books of the mega Wall Street banks.
In early December, Oppenheimer analyst Chris Kotowski noted in a report that plunging oil prices could be the greatest threat to the largest U.S. banks since the epic financial turmoil in 2008 while also warning that visibility into the banks’ loan exposure to the oil and exploration industry is limited.
That’s a very valid point. Another valid point is that visibility into the big banks’ exposure as counterparties to derivatives tied to plunging oil and commodity prices and shaky emerging market debt is also being kept under wraps – at least for now. The only clue as to which banks may take a hit, either from direct exposure or from loans to hedge funds taking a bath in the sectors, is the price action of the bank shares in the open market.
Continue Reading at ...... http://wallstreetonparade.com/2015/01/the-perfect-storm-for-wall-street-banks/
Monday, December 29, 2014
David Bird, Missing Wall Street Journal Reporter, Foresaw an Oil Crash
David Bird, Missing Wall Street Journal Reporter, Foresaw an Oil Crash
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| David Bird, Missing Wall Street Journal Reporter, Enjoyed Walking and Running. |
On the cold, wintry afternoon of January 11, 2014, David Bird, a reporter who covered energy markets for the Wall Street Journal, told his wife he was going out for a walk and left his home in Long Hill, New Jersey in a red jacket with yellow zippers. Despite his colorful attire, the involvement of hundreds of volunteers, law enforcement officials, and the FBI in the search, Bird has vanished without a trace.
As Wall Street On Parade previously reported in January, for the three months prior to his disappearance, Bird was reporting on a supply glut and growing stockpiles of oil. A newly retrieved article by Bird that appeared on line at the Wall Street Journal on August 21, 2013, shows the reporter had also presciently made an early connection between the Federal Reserve ending its massive bond-buying program known as “quantitative easing” and a potential crash in the price of oil – a crash that has now cut the price of oil almost in half in the past six months.
Continue Reading at ..... http://wallstreetonparade.com/2014/12/david-bird-missing-wall-street-journal-reporter-foresaw-an-oil-crash/
Tuesday, December 16, 2014
Meet Your Newest Legislator: Citigroup

Citigroup is the Wall Street mega bank that forced the repeal of the Glass-Steagall Act in 1999; blew itself up as a result of the repeal in 2008; was propped back up with the largest taxpayer bailout in the history of the world even though it was insolvent and didn’t qualify for a bailout; has now written its own legislation to de-regulate itself; got the President of the United States to lobby for its passage; and received an up vote from both houses of Congress in less than a week.
And there is one more thing you should know at the outset about Citigroup: it didn’t just have a hand in bringing the country to its knees in 2008; it was a key participant in the 1929 collapse under the moniker National City Bank. Both the U.S. Senate’s investigation of the collapse of the financial system in 1929 and the Financial Crisis Inquiry Commission (FCIC) that investigated the 2008 collapse cited this bank as a key culprit.
The FCIC wrote:
“…we do not accept the view that
regulators lacked the power to protect the financial system. They had
ample power in many arenas and they chose not to use it. To give just
three examples: the Securities and Exchange Commission could have
required more capital and halted risky practices at the big investment
banks. It did not. The Federal Reserve Bank of New York and other
regulators could have clamped down on Citigroup’s excesses in the run-up
to the crisis. They did not. Policy makers and regulators could have
stopped the runaway mortgage securitization train. They did not…Too
often, they lacked the political will – in a political and ideological
environment that constrained it – as well as the fortitude to critically
challenge the institutions and the entire system they were entrusted to
oversee.”
Continue Reading at ....... http://wallstreetonparade.com/2014/12/meet-your-newest-legislator-citigroup/
Tuesday, November 25, 2014
Senate Report: Scale of Wall Street Holdings Are “Unprecedented in U.S. History”
By Pam Martens: November 25, 2014
Last Thursday, the U.S. Senate’s Permanent Subcommittee on
Investigations, chaired by Senator Carl Levin, released an alarming
396-page report that details how Wall Street’s too-big-to-fail banks
have quietly, and often stealthily through shell companies, gained
ownership of a stunning amount of the nation’s critical industrial
commodities like oil, aluminum, copper, natural gas, and even uranium.
The report said the scale of these bank holdings “appears to be
unprecedented in U.S. history.”
Adding to the hubris of the situation, the Wall Street banks’ own regulator, the Federal Reserve, gave its blessing to this unprecedented and dangerous encroachment by banking interests into industrial commodity ownership and has effectively looked the other way as the banks moved into industrial commerce activities like owning pipelines and power plants.
Continue Reading at ..... http://wallstreetonparade.com/2014/11/senate-report-scale-of-wall-street-holdings-are-unprecedented-in-u-s-history/

Senator Carl Levin Conducts a Hearing Into Vast Industrial Commodity Holdings by Wall Street Mega Banks
Adding to the hubris of the situation, the Wall Street banks’ own regulator, the Federal Reserve, gave its blessing to this unprecedented and dangerous encroachment by banking interests into industrial commodity ownership and has effectively looked the other way as the banks moved into industrial commerce activities like owning pipelines and power plants.
Continue Reading at ..... http://wallstreetonparade.com/2014/11/senate-report-scale-of-wall-street-holdings-are-unprecedented-in-u-s-history/
Tuesday, October 14, 2014
Elizabeth Warren on Barack Obama: “They protected Wall Street. Not families who were losing their homes. Not people who lost their jobs. And it happened over and over and over”
Senator
Elizabeth Warren scarcely requires an introduction. She is the single
most exciting Democrat currently on the national stage.
Her differentness from the rest of the political profession is stark and obvious. It extends from her straightforward clarity on economic issues to the energetic way she talks. I met her several years ago when she was taking time out from her job teaching at Harvard to run the Congressional Oversight Panel, which was charged with supervising how the bank bailout money was spent. I discovered on that occasion not only that we agreed on many points of policy, but that she came originally from Oklahoma, the state immediately south of the one where I grew up, and also that high school debate had been as important for her as it had been for me.
In the years since then, Professor Warren helped to launch the Consumer Financial Protection Bureau (which will probably be remembered as one of the few lasting achievements of the Obama Administration); she wrote a memoir, A Fighting Chance; and she was elected to the United States Senate from Massachusetts.
This interview was condensed and lightly edited.
Her differentness from the rest of the political profession is stark and obvious. It extends from her straightforward clarity on economic issues to the energetic way she talks. I met her several years ago when she was taking time out from her job teaching at Harvard to run the Congressional Oversight Panel, which was charged with supervising how the bank bailout money was spent. I discovered on that occasion not only that we agreed on many points of policy, but that she came originally from Oklahoma, the state immediately south of the one where I grew up, and also that high school debate had been as important for her as it had been for me.
In the years since then, Professor Warren helped to launch the Consumer Financial Protection Bureau (which will probably be remembered as one of the few lasting achievements of the Obama Administration); she wrote a memoir, A Fighting Chance; and she was elected to the United States Senate from Massachusetts.
This interview was condensed and lightly edited.
I want to start by talking about a line that you’re famous for, from your speech at the Democratic National Convention two years ago: “The system is rigged.” You said exactly what was on millions of people’s minds. I wonder, now that you’re in D.C. and you’re in the Senate, and you have a chance to see things close up, do you still feel that way? And: Is there a way to fix the system without getting the Supreme Court to overturn Citizens United or some huge structural change like that? How can we fix it?
Thursday, October 2, 2014
SENATOR ELIZABETH WARREN: The Secret New York Fed Tapes Confirm The Game Is Rigged
Sen. Elizabeth Warren (D-Mass.), who has called for congressional hearings regarding conduct at the Federal Reserve following the ProPublica and This American Life report from last week, told NPR in an interview on Wednesday that the report, "tells us exactly what we already knew."Warren told NPR's Steve Inskeep that the report, "ultimately this report tells us exactly what we already knew — that the relationship between regulators and the financial institutions they oversee is too cozy to provide the kind of tough oversight that's really needed."
Last week, a report from ProPublic and This American Life released secret audio recordings from former New York Fed official Carmen Segarra that appeared to showed disagreements and dysfunction among Fed officials stationed inside Goldman Sachs.
Listening to the tapes, Warren said two things jumped out: the lack of truthful reporting and the emphasis by Fed officials on talk over action.
"You know, the regulators seemed to think that it was a victory just to raise an issue, even if they took absolutely no action to address the issue," Warren said. "And that's the kind of approach that allowed banks to take on massive risks before the financial crisis. You know, think about that: The regulators seemed to think that fussing at banks behind closed doors was their toughest sanction. Does anyone believe that Goldman Sachs is gonna give up a deal that would yield millions of dollars because someone fussed at them behind closed doors?"
Sunday, September 28, 2014
FEDGATE: Whistleblower’s Secret Tapes Threaten to Expose Federal Reserve
46 hours of secret recordings from inside the Federal Reserve will soon rock Wall Street.
by Jerry Robinson
In the fall of 2011, Carmen Segarra landed a job as a bank examiner at the New York Fed.
Upon being hired, Ms. Segarra was assigned to examine Goldman Sachs. In particular, she was tasked with determining whether the bank’s conflict-of-interest program was in compliance with current Federal Reserve guidelines. (The Fed’s guidelines require the bank to ensure its relationship with one client does not conflict with another client.) Pretty straight forward stuff.
Ms. Segarra was soon staring into the belly of the beast and was astonished by her findings.
In fact, she claims the lack of Federal Reserve oversight was so egregious that she secretly recorded incriminating conversations deep inside the Federal Reserve Bank of New York.
But what happened next is now at the center of an epic legal battle that pits Ms. Segarra against some of the most powerful forces on Wall Street.
Tuesday, September 23, 2014
Eric Holder Says Justice Department Has Moles on Wall Street
By Pam Martens and Russ Martens: September 23, 2014
In addition to hundreds of Federal bank examiners permanently
stationed at Wall Street’s biggest banks by the Federal Reserve and
Office of the Comptroller of the Currency in an effort to eradicate a
serial crime spree, an unknown number of Justice Department moles are
now roaming about the mahogany corridors of power, chatting up potential
criminals around the water cooler and hoping to make it out alive
before being detected.
Avoiding detection as a mole becomes so much more challenging when the highest law enforcement officer in the land, U.S. Attorney General Eric Holder, comes to New York to address Wall Street’s lawyers and tells them, flat out, that he’s got moles stationed inside his Wall Street targets. (There were likely 100,000 text messages flying about Wall Street before Holder got to the next paragraph of his speech.)
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| U.S. Attorney General Eric Holder Testifying on High Frequency Trading Before the House Appropriations Committee on April 4, 2014 |
Avoiding detection as a mole becomes so much more challenging when the highest law enforcement officer in the land, U.S. Attorney General Eric Holder, comes to New York to address Wall Street’s lawyers and tells them, flat out, that he’s got moles stationed inside his Wall Street targets. (There were likely 100,000 text messages flying about Wall Street before Holder got to the next paragraph of his speech.)
Continue Reading at ...... http://wallstreetonparade.com/2014/09/eric-holder-says-justice-department-has-moles-on-wall-street/
Wednesday, July 23, 2014
Documents Emerge in Senate Hearing from William Broeksmit, Deutsche Exec Alleged to Have Hanged Himself in January
Source Link: wallstreetonparade.com
By Pam Martens and Russ Martens: July 23, 2014
Anshu Jain, Co-CEO of Deutsche Bank, was not having a good day yesterday. First the oath-taking, subpoena-issuing Senate Permanent Subcommittee on Investigations released a detailed email to him from William Broeksmit, the 58-year old former Deutsche risk executive alleged to have hanged himself in his London home on January 26. By the end of the day, someone had leaked to the Wall Street Journal a deeply critical letter of Deutsche Bank from the New York Fed which said that “The size and breadth of errors strongly suggest that the firm’s entire U.S. regulatory reporting structure requires wide-ranging remedial action.”
What the U.S. Senate’s Permanent Subcommittee on Investigations was taking testimony on yesterday, however, was far from an “error” committed by Deutsche Bank. Both Deutsche Bank and Barclays were shown, through emails, marketing materials and witness testimony, to have set up elaborate schemes to effectively loan out their balance sheet to hedge funds to conduct billions of trades each year in trading accounts under the bank’s name, deploying massive leverage that is illegal in a regular Prime Brokerage account for a hedge fund client.
The banks got paid through margin interest, fees for stock loans for short sales, and trade executions. The hedge funds got paid not only from trading profits but also through a tricked up “basket option” offered by the banks that magically turned millions of short-term trades into long-term capital gains, saving the hedge funds about half the rate of taxes owed on the short-term trades, some of which lasted only minutes.
http://wallstreetonparade.com/2014/07/documents-emerge-in-senate-hearing-from-william-broeksmit-deutsche-exec-alleged-to-have-hanged-himself-in-january/
By Pam Martens and Russ Martens: July 23, 2014
Anshu Jain, Co-CEO of Deutsche Bank, was not having a good day yesterday. First the oath-taking, subpoena-issuing Senate Permanent Subcommittee on Investigations released a detailed email to him from William Broeksmit, the 58-year old former Deutsche risk executive alleged to have hanged himself in his London home on January 26. By the end of the day, someone had leaked to the Wall Street Journal a deeply critical letter of Deutsche Bank from the New York Fed which said that “The size and breadth of errors strongly suggest that the firm’s entire U.S. regulatory reporting structure requires wide-ranging remedial action.”
What the U.S. Senate’s Permanent Subcommittee on Investigations was taking testimony on yesterday, however, was far from an “error” committed by Deutsche Bank. Both Deutsche Bank and Barclays were shown, through emails, marketing materials and witness testimony, to have set up elaborate schemes to effectively loan out their balance sheet to hedge funds to conduct billions of trades each year in trading accounts under the bank’s name, deploying massive leverage that is illegal in a regular Prime Brokerage account for a hedge fund client.
The banks got paid through margin interest, fees for stock loans for short sales, and trade executions. The hedge funds got paid not only from trading profits but also through a tricked up “basket option” offered by the banks that magically turned millions of short-term trades into long-term capital gains, saving the hedge funds about half the rate of taxes owed on the short-term trades, some of which lasted only minutes.
http://wallstreetonparade.com/2014/07/documents-emerge-in-senate-hearing-from-william-broeksmit-deutsche-exec-alleged-to-have-hanged-himself-in-january/
Monday, June 30, 2014
Profiteering on Banker Deaths: Regulator Says Public Has No Right to Details
By Pam Martens and Russ Martens: June 30, 2014

Daniel Stipano, Deputy Chief Counsel of the OCC, Testifying Before the U.S. Senate on April 11, 2013
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.
The man who denied Wall Street On Parade’s appeal is Daniel P. Stipano, who told us by letter on June 20, 2014 that he had 450 pages of responsive material but it was not going to be released to us or the public. (See OCC Response to Appeal from Wall Street On Parade Re JPMorgan Banker Death Bets.)
Continue Reading at ..... http://wallstreetonparade.com/2014/06/profiteering-on-banker-deaths-regulator-says-public-has-no-right-to-details/
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