Thursday, March 1, 2012

MF Global White Knight Blows the Lid Off of The JP Morgan Shadow Banking Mafia

Capital Account's Lauren Lyster talks to James Koutoulas who represents 8,000 MFG clients on the MFGlobal theft and rehypothecation, as well as today's ChairSatan grilling by Ron Paul, who waved a silver eagle in Bernanke's face and called him a liar, and finally discusses Jamie Dimon crying that JPM 'doesn't make any money'.   Actually, The Doc would have to agree with that....  They steal it. (we have to add allegedly for purely legal reasons).