JP Morgan Has Perfect Trading Half of 2010, Only Lost Money on 8 Days

Posted on Feb 15, 2011 in Economic News

Source: Zero Hedge

For those wondering why nobody wants to trade ever again on what are now purely legalized fraud markets (and thank god Ze Germans are dumb enough to buy them at any price), here is the reason:

  • JPMORGAN RACKS UP THREE PERFECT TRADING QUARTERS IN 2010
  • JPMORGAN TRADERS HAD PERFECT SECOND HALF, BANK SAYS
  • JPMORGAN TRADERS LOST MONEY 8 DAYS IN 2010, DOWN FROM 42 IN ’09

In other words, of 260 trading days in 2010, the firm lost money on 8, or 3.1%. In yet other words, the firm made money 96.9% of the time. We’ll repeat that: JPM made money 96.9% of the time.

Hayden’s Note:

Add in their well-documented silver price manipulation and you can start seeing JP Morgan for what they truly are: market manipulating fraudsters of the highest order.  They are also one of the largest shareholders of the Federal Reserve.

See some of the related articles below for more on JP Morgan’s silver price scheme.

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