Posts Tagged ‘insider trading’
Sounds like Inside Trading to me: Rep Kaptur
Posted by smeddum on September 29, 2008
Posted in Uncategorized | Tagged: bailout, bailout protest, democracy for America, Financial crisis, insider trading, kaptur, Paulson, Paulson plan | Leave a Comment »
What’s the Difference Between Lehman Brothers and Bear Stearns? Lehman’s CEO Sits on the Board of NY Fed.
Posted by seumasach on June 16, 2008
Ellen Brown, June 14th, 2008(Web of Debt)
An earlier article by this author (“The Secret Bailout of JP Morgan”) summarized evidence presented by John Olagues, an expert in options trading, suggesting that JPMorgan, far from “rescuing” Bear Stearns, was actually its nemesis.1 The faltering investment bank was brought down, not by “rumors,” but by insider trading based on a plan drawn up much earlier. The deal was a lucrative one for JPM, handing the Wall Street megabank $55 billion in loans from the Federal Reserve (meaning ultimately the U.S. taxpayer). So how did JPM get away with it? Olagues notes the highly suspicious fact that JPM’s CEO James Dimon sits on the Board of the New York Federal Reserve.
Posted in Financial crisis | Tagged: insider trading | Leave a Comment »
In These New Times 