tyb
And it's 100x worse.
William M. Daley Joins BNY Mellon as Vice Chairman, and "buys"-$509K in shares-July 18
pepe missed this,(but it showed up as he has bought some equity on the bank as of last thursday, reported today): the man responsible for the Silver slam the day that UBL was 'captured' and 'killed'.
SWAMPINESS PERSONIFIED, read background below
BNY Mellon has appointed William M. Daley as a Vice Chairman with oversight of Government Affairs, Communications, Philanthropy and Corporate Social Responsibility. Mr. Daley joined the company today, reporting to Chairman and Chief Executive Officer, Charles W. Scharf, and is a member of the firm's Executive Committee.
Mr. Daley's "distinguished" career includes two cabinet-level appointments – Chief of Staff to President Obama in 2011-2012 and Secretary of Commerce during the Clinton administration from 1997-2000.
In addition, he has held several high-level executive positions in the private sector, including Vice Chair, Chairman of the Midwest Region and Head of the Office of Corporate Responsibility for JP Morgan Chase; President of SBC Communications (now known as AT&T); Partner at the law firm of Mayer, Brown & Platt; and President and Chief Operating Officer of Amalgamated Bank of Chicago.
Mr. Daley has also served on the boards of a number of corporate, academic, medical, charitable and civic organizations, and is a recognized authority on business and economic growth, global competitiveness and international trade.
https://www.bnymellon.com/us/en/newsroom/news/press-releases/william-m-daley-joins-bny-mellon-as-vice-chairman-06-12-2019-newsid-130054.jsp
https://www.secform4.com/insider-trading/1390777.htm
JP Morgan: "Operation Silver Slam"…
Proof that it was JP Morgan that took control of the silver hot potato was uncovered by Ted Butler (go figure!). This proof is about as strong a case as you can make without JPM publicly admitting their involvement or a whistle-blower coming out and publicly telling the world that JP Morgan rigs the silver market…wink, wink:
In both cases JPM drove the price down to where the "strong hands" usually got in only to let it start to rise a bit before slamming down further than anyone had expected…and held it there CHOKING OUT anyone who didn't have the monetary backing or the patience to wait out JPM.
Both these moves were 100% sanctioned by the Federal Reserve, US Treasury, the Market Exchanges and the CFTC.
Both these rigging operations were 100% illegal.
So in January 2011 when President Barrack Obama appointed the JP Morgan Senior Executive, William Daley, as his "Chief of Staff" I had thought to myself…"This should be interesting". In September 2008, at the height of the banking collapse Money Magazine ran an article entitled "Jamie Dimon's Swat Team" and listing Bill Daley as "the head of corporate responsibility and a former Secretary of Commerce" on page 2.
So Bill Daley, the man directly in charge of "Corporate Responsibility" during the JPM silver slam of 2008, was "placed" right next to the President of the United States to preside over the current "Operation Silver Slam".
My God…is there no hiding for these VILLAINS any more?! This Bad Guy was "responsible" for the corporation at the heart of the scandal involving the takeover of Bear Sterns silver position and must have oversaw the 2008 Silver Slam discussed above.
As of the end of April, the monster silver short stood at approximately 125M ounces. The latest CFTC Bank Participation Report for April showed a surprising "no change" but that doesn't mean there was "no action" in April. Most likely JPM continued to build their short during most of the month then started covering at the end such that it looked like nothing happened. May should be a different story so expect continued volatility as we progress through the month.
Now let's take a look at the current Silver market manipulation and see if this "operation" shares any similarities with the two prior market manipulations addressed above.
rest at link
http://www.roadtoroota.com/public/592.cfm
>I'll be baking up a storm tomorrow if I don't get in the rotation this evening.
they don't have any counter-party's that will take any of there crap so they might try but they are toxic as hell to everyone else. All it take is one counter-party to stop honoring another's credit or collateral and it sets off a chain reaction. This is how Lehman was started, on purpose though.
Methinks it would have habbened already as DB should have gone buh-bye in 2008 but others were sacrificied to keep them, Morgan Stanley, JPM, Citi going. They shot Merrill Lynch and folded that into Bank of America along with Country-wide loans too. That was the distraction.
hear ya, have trouble finding the right one at right time, think I have 6.5g's now-but some in here have over 30g. still do it the old skool way by name.