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OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Latest Bix for those who are interested...... Big Day For Us Tomorrow...WATCH JP MORGAN CLOSELY!

Latest Bix for those who are interested...... Big Day For Us Tomorrow...WATCH JP MORGAN CLOSELY!

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shakes4life2


Latest Bix for those who are interested......

Big Day For Us Tomorrow...WATCH JP MORGAN CLOSELY!

My friends:

Tomorrow JP Morgan is releasing their second quarter results and the world will be watching. Jamie Dimon is in a fix and he can't dance around it. There's a serious meltdown in his derivative book and that book is over $70T...probably much more!

I've laid out what to expect and how it will effect our cause for paid Private Road Members here:

http://www.roadtoroota.com/members/949.cfm

People like baseball analogies so here's my take:

Tomorrow morning we enter the Top of the 9th Inning in our battle to regain our freedom. There's a lot more of this game left but the really important stuff happens in the final innings.

This is all a very carefully planned out (scripted) game... and you have a front row seat!

May the Road you choose be the Right Road.

Bix Weir
www.RoadtoRoota.com

Guest

Anonymous
Guest
All this putting that much closer to great things for us 'We The People'!!

Thanks shakes:) :D

shakes4life2


Another one for you LIR.........

Love the BIX......this can not happen soon enough......

COLLAPSE within WEEKS, RON PAUL PRESIDENCY? - Bix Weir

https://www.youtube.com/watch?v=F-9PK1OC__w&feature=share

shakes4life2


Here we go>>>> http://www.telegraph.co.uk/finance/economics/9396430/Euro-tumbles-as-Asian-funds-shun-EU-chaos.html

shakes4life2


Happening in Russia too.....

What the Papers Say, July 13, 2012
13 July 2012
The Moscow Times

Read more: http://www.themoscowtimes.com/news/article/what-the-papers-say-july-13-2012/462086.html#ixzz20WY0AxDd

topspin2


The total dirivative market is closing in on 800T in the red. Thats right, 800 TRILLION!!!!Wall St is balancing on the head of a pin.

shakes4life2


And then there's this.....figures.....

OH REALLY now O'romney=o'bamney?????

Romney On Banking Scandal: That's Just the Way America Works

MADISON, WISCONSIN. Well, not really, Mittens -- common folks go to prison for relatively small crimes, but steal millions while wearing a three-piece suit? Chronic flip-flopper and habitual liar Mitt Romney is proof -- you may be crowned king!

Earlier this spring, when JP Morgan’s $2 billion trading debacle grew into a $3 billion trading scam and President Barack Obama stepped up his rhetoric to tighten rules on banks, Romney screamed "FOUL!", proclaiming to the world:

[...] "that’s the way America works,” he said. “The $2 billion JPMorgan lost, someone else gained."

Maybe for him, but not for you and me.

A few days ago, when we wrote about Robert Diamond, disgraced bankster from Barclays pulling out of a Romney "high-dollar" Fundraiser, we knew it was an important story, but didn't appreciate what a big deal this story will become. How big a deal? Its a BFD!

Because the systematic gaming of interest rates on three-month loans in dollars between banks essentially sets global interest rates, as more dirty laundry comes out, more people will be embarrassed and caught up in litigation. The Economist explains:

The dollar rate is fixed each day by taking estimates from a panel, currently comprising 18 banks, of what they think they would have to pay to borrow if they needed money. The top four and bottom four estimates are then discarded, and LIBOR is the average of those left. The submissions of all the participants are published, along with each day’s LIBOR fix.

Note that the process used to rig investment rates could not be gamed by one bank, nor even 8 banks. To fully-manipulate the system, as is being alleged, it had to be ALL 18 BANKS.

Robert Reich, in an article published today in The Guardian explains [emphasis added]:

[...] Wall Street will almost surely be implicated in the scandal. The biggest Wall Street banks – including the giants JP Morgan Chase, Citigroup and Bank of America – are likely to have been involved in similar manoeuvres. Barclay's couldn't have rigged the Libor without their witting involvement. The reason they'd participate in the scheme is the same reason Barclay's did – to make more money.In fact, Barclays' defence has been that every major bank was fixing Libor in the same way, and for the same reason. And Barclays is "co-operating" (giving damning evidence about other big banks) with the justice department and other regulators in order to avoid steeper penalties or criminal prosecutions, so fireworks in the US can be expected.

So who are Romney's top ten largest donors?

Goldman Sachs ($593,080)
JPMorgan Chase & Co ($467,089)
Bank of America ($425,100)
Morgan Stanley ($399,850)
Credit Suisse Group ($390,360)
Citigroup Inc ($312,800)
Kirkland & Ellis ($264,302)
Wells Fargo ($237,550)
Barclays ($234,650)
PricewaterhouseCoopers ($227,250)

BINGO! Reich points out that Romney is getting major support from the major players in the unfolding Libor Scandal. Remember, Romney was going to have Robert Diamond, former Chief Executive of Barclays, hold a super-duper $3 million fundraiser for his presidential campaign while Romney was in Britain for the Summer Olympics -- his horsey is going to perform ballet there!

Indeed, this is just the way America works -- that is, if you are Mitt Romney.

http://voicesnewspaper.blogspot.com/2012/07/romney-on-banking-scandal-thats-just.html#more

PurpleSkyz

PurpleSkyz
Admin
Wow...

But it does not surprise me. The insanity must end.



  

shakes4life2


Here's more for you guys to digest....

JP Morgan Lawyer Exposes Corruption at JPM, MF Global & the CFTC
Bix Weir

http://www.roadtoroota.com/public/855print.cfm


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!

Basically, Ms. Genoa knows exactly what they did illegally in this situation and is trying to dance around it. JP Morgan KNOWINGLY confiscated at least $200M of customer funds and then tried to cover their tracks by getting MF Global to sign a waiver three times that stated the funds were legitimate and not customer segregated funds. MF Global never signed the document but JP Morgan still hasn't given the money back.

Here's the telling statement on page 7...

"In retrospect, events appear to have overtaken MF Global during the weekend before it filed for bankruptcy, and, as a result, the letter was not signed. Nevertheless, our request did result in our receiving multiple clear oral assurances from senior MF Global officials that MF Global was in compliance with its obligations under the CFTC rules."

So who were these "senior MF Global officials" at MF Global?

"...we wound up speaking with Ms. Ferber's deputy general council, Dennis Klejna. We understood Mr. Klenja to be a former Head of the Enforcement Division of the CFTC..."!

Now wait a minute...why do I know that name? Oh yeah, DENNIS KLEJNA was also part of the Refco bankruptcy (that JP Morgan was deeply involved in) and actually had to pay up $1,250,000 to the victims but never had to admit any guilt...

OVER $135 MILLION IN ADDITIONAL REFCO FRAUD PROCEEDS

FORFEITED BY MANHATTAN U.S. ATTORNEY

DISTRIBUTED TO VICTIMS

http://www.justice.gov/usao/nys/pressreleases/May10/refcoforfeituredistributionpr.pdf

Not only that but Dennis Klejna actually busted REFCO when he was at the CFTC in 1992 for violating the Position Limits Rule...

Fine Given in Refco Case

http://www.nytimes.com/1992/03/14/business/fine-given-in-refco-case.html

He was a "poster child" at the CFTC in the early 1990's but in 1995 he ran up against a force of evil rarely encountered my mortal man...HILLARY CLINTON!

THE WATCHDOG WHO BARKED AT HILLARY

http://www.businessweek.com/archives/1995/b341743.arc.htm

Can it get more complicated? I guess Dennis figured - "If you can't beat em - join em!" and turned to the dark side.

Here's more background on this "Bad Guy"

DENNIS KLEJNA, SENIOR V.P. AND ASSISTANT GENERAL COUNSEL

In May 2007, Klejna joined from failed brokerage firm Refco, where he was executive vice president and general counsel. He was named senior vice president and chief compliance counsel of futures brokerage Man Financial -- which was renamed MF Global. From 1983 to 1995, Klejna had served as the Commodity Futures Trading Commission's director of enforcement, presiding over 145 CFTC enforcement cops nationwide.

Round and round it goes...

Klejna was the head of the enforcement division at the CFTC when Judge Bruce Levine was hired on to run cover for the manipulation of commodities as admitted in this letter from retiring CFTC Judge George Painter!

Judge George Painter's Admission of CFTC Corruption

http://www.scribd.com/doc/39746954/Judge-Painter-Notice-and-Order-dcpdf-1

The corruption runs deep within the Banking Cabal, the Government Oversight Organizations and the US Legal System.

The GOOD thing about all this is that the curtain is being pulled away and the Banksters can't survive in the light of day.

May the Road you choose be the Right Road.

Bix Weir

www.RoadtoRoota.com

Guest

Anonymous
Guest
My Romanian friend tells me that back home they are removing the President & other government officials there. She lives here & I talk to her about things she didn't quite believe me, but after talking with relatives back home about events there, she now sees the events unfolding!

Our media & government are keeping things from us on a grand scale. But this cannot last for too much longer. Change is just around the corner so keep peeking and soon it will be right there staring back at you!

PurpleSkyz

PurpleSkyz
Admin
I will keep peeking LIR.
My daughters friends from Iceland also verify that we are in the dark over here still as to what is really going on.



  

shakes4life2


Thank you LIR and Purpleskyz for those revelations.....I will share them with others who are awake! :)

HunterJumper

HunterJumper
Thanks all for the info. I will also share with others. Seams the people here are more in the dark than anywhere. :bounce: ☀ :bounce:

PurpleSkyz

PurpleSkyz
Admin
HJ... huh??????



  

Guest

Anonymous
Guest
Not here on OOM2 purple....in the USA due to all the media & Internet control. I believe that's what HJ was referring to.

You are all welcome! ☀

PurpleSkyz

PurpleSkyz
Admin
LOL
That is what I hoped. haha
I had not woke up enough yet apparently.
Never mind HJ. I was not fully operational yet.
Hugs



  

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