JP Morgan. The now 2nd largest bank in the United states.

When things are sold you either sell it for what you want or you put it out for bids.

Seems fair. If you turn in your car to the Bank you expect them to get a good price for it. Or put it up for bidding.

JP Morgan and Company. Apperently has a deal with the Banking System of America.

JP Morgan has Aquired for pennies on the dollar here recently 2 of our nations largest Banks.

Here is some FYI reading you may like.

http://oldamericancentury.org/bushco/bush_crime_family.htm




The latest one as you can read below.Was handed to them on a silver platter. Here you got 5 bucks i will sell you Joes Toyota.

Be nice huh? Morgan and Company are now the 2nd largest bank in the U.S. Now.

What is peculiar I do not know if people on this forum know this. But i presume Mr. Morgan was a good friend of our Presidents Grandfather. Prescot I believe.

Why do I mention this? We know that a ton of Politians are Graduates of Yale University.

We also know that many were/are members of Skulls and Bones Rings.

maybe someone knows more about the Morgans and The Bushs through History

The Federal Deposit Insurance Corp. seized WaMu on Thursday, and then sold the thrift's banking assets to JPMorgan Chase & Co. for $1.9 billion.

Seattle-based WaMu, which was founded in 1889, is the largest bank to fail by far in the country's history. Its $307 billion in assets eclipse the $40 billion of Continental Illinois National Bank, which failed in 1984, and the $32 billion of IndyMac, which the government seized in July.

Now take a good look......

The WaMu acquisition would add 50 cents per share to JPMorgan's earnings in 2009, the bank said, adding that it expects to have pretax merger costs of approximately $1.5 billion while achieving pretax savings of approximately $1.5 billion by 2010.


http://www.pottsmerc.com/site/news.cfm?newsid=20138879&BRD=1674&PAG=461&dept_id=18041&rfi=6

haha and where have you been the last two hundred years?

JP Morgan's (the real person) wealth, when adjusted to todays dollars was about a hundred times that of Bill Gates

this isn't a new phenomena


EDIT: (and you blame it on Bush???????)

You're probably talking to the couch there, quiet_2008!

haha hi Andy

I've been doing a lot of that today

NOw if my math serves me right.. that is buying it's assetts from our govt. for 1 for .007

7/10ths of a penny for 1 dollar of assessetts..

I wish the govt. would sell me a new 60k corvett that was turned in to the bank for $4200.00

How about you.

Why is nobody screaming BLOODY MURDER. Something is wrong with this picture

The more things change, the more they stay the same, eh Robin?!


Because people like to moan and complain but are too lazy to do anything and besides, you can't take the word of every article on the web. Why not get a job in a financial institution and effect change from the inside?!

Jp Morgan who started everything in the 1800's

started as

1893 America experienced a major economic downturn which, in conjunction with questionable monetary policies (resulting from pressure from the silver inflationists), put an impossible burden on the U.S. Treasury's gold reserve. President Grover Cleveland's attempts to replenish the gold reserve were ineffective. In 1895 Morgan played the role of central banker, sold government bonds for gold (half obtained abroad through his foreign affiliates), and guaranteed to protect the gold reserve. Though Morgan was charged with profiting exorbitantly and taking advantage of the dire straits of the government, he never revealed the precise amount of his profits, so the validity of such allegations is impossible to assess. His syndicate succeeded temporarily in its objectives; public and private ends harmonized at a price which was probably not excessive, considering the service rendered to the nation



Now am I wrong JP MORGAN Has and actually was our Govt. Banking

and as long as a person has credit cards and finances his car and has a mortgage he is a part of the problem not a part of the solution





you left out Citigroup and BankofAmerica (bigger than JP Morgan)

Citigroup is no longer larger than JP Morgan..

Noone finds it strange and legal even for the govt to go in and take over a bank and turn right around and sell it with no forethought about what it is worth for .7 of a penny on the dollar?

So if your house gets repossesed and the bank sells your 60k morgatage to the bank Pres. brother in law and sends you a bill for 55k you are going to say THAT SOUNDS FAIR.Because that is what you are saying

nope that is not what I'm saying

I'm saying that your freaking out like it suddenly started happening and that it's ALWAYS been that way (long before Bush haha)

that's all I'm saying. I think the blame goes to Jefferson and Hamilton. THEY were the first partisan bomb throwers and they ruined our financial system with their bickering

Do you know anything about the depression of 1929 in Germany why and how they did it?

tell me


EDIT: no pasting!!!! just tell me

Who gets bailed out and who is left to dangle in the wind?

Money makes the world go around. Look at how much has been spent on the election this year. Who is paying who?

If anyone thinks it's purely an economic decision they must have fallen off a turnip cart this morning.

You can bet the companies being kept afloat have ties to those handing out our tax dollars.

Did they get depressed reading this?!

haha

the Germans suffered hyperinflation due to the restrictions and reparations enforced by the British and French for the war. the old stereotype was the guy going to buy bread with a wheelbarrow of money.

which led in a direct straight line to Hitler's popularity with his nationalistic jingoism, which also leads in a straight line to a lot of the financial institutions today

look at Iran, we're STILL paying and recovering from WW2

Hitler told his cabinet that this was how to control the people. Alot of it came from the Book Written by Martin Luther called The lie.

To have a crisis was number 1 in this crisis you needed a villian.

This villian had to get the people to give up thier rights to protect thier most cherished asset.. Thier Children.

During this time we need to ( and i am sure u will find this crazy) destroy and kill as a sacrafice to this Arian nation.

What did they do? 1st off they blew up several of thier own buildings. Killing many. The Sacrafice.

This is a known fact Hitler did this.

Then create a monster who is after thier children. Hence the Jews Quoting Martin Luther's book the Lie.

This now had the people panicky and started watching all that the jewish people did. They become spies for the Govt.

The Govt. inturn would brand the Jews as basically enemies of the state.

This all being planned by Hitler. The 1929 Depression supposedly was a direct result of our lack of money to help them rebuild after the war.

This is also when the Nazi Party started to gain strength. Even though Hitler had not taken over yet untill 1933.

During this depression that I believe was over when Hitler took office. It is said that it took a wheelbarrow full of money to buy a loaf of bread.

This futhering or starting actually because the other did happen later but Hitler had this all worked up in 1929 as he was trying to come to power.

This depression took hold and made the common people poor and made them look to the govt. for help.

As they came out we know about the rest when and why Hitler attacked I believe j Stalin and killed a million people. Before he was turned back.

If you understand what i am saying thier I will relate that to us as we speak. which hAS been in the making for quite sometime

I can see that.