http://www.cftc.gov/PressRoom/PressReleases/pr6413-12
Tha CFTC has ruled 3-2 that "The rule addresses Congress’ concern that that no single trader be permitted to obtain too large a share of the market"
THIS IS FROM FROM BIX WIER WEBSITE WWW.ROADTOROOTA.COM
Below is the written testimony to Congress of Diane Genoa, Deputy
General Counsel for JP Morgan as it relates to the MF Global
investigation. I have no doubt that she was "deputized" such that JPM's
actual General Counsel, Stephen Cutler, didn't have to speak.
Unfortunately for the Bad Guys, Ms. Genoa's dance around the issues may
have provided more information than they wanted to expose. Here's the
statement...
Statement from JP Morgan re: MF Global Collapse
http://financialservices.house.gov/UploadedFiles/HHRG-112-BA-WState-DGenova-20120328.pdf
Clearly JP Morgan believes they did NOTHING wrong and were just an
innocent bystander who was trying to "lend a hand" to one of their
customers in a time of need....GIVE ME A BREAK!
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