TOO BIG TO FAIL/JAIL
Institutional Crime/Organized Crime
G-SIFI (aka: global systemically important financial institutions)
This is what Institutional criminals look like (they employ innocent, ignorant, but well meaning people and contribute to both political campaigns and charitable causes) the Racket has political and financial institutional “fronts”.
What, did you expect them to dress as dramatized mafia, gangsters, or drug lords?
They are Professional Criminals for sure and expert in their fields!
They are not in it to fail or to do shoddy work.
Success for these criminals means more global control and order for the Financial Empire.
Blythe Masters of JPMorgan Chase in 2009. Regulators singled her out for criticism in a review of the bank’s energy trading tactics.
It started with a summer internship in London in 1987, when Blythe Masters first encountered derivatives. In the years since, she rose through the ranks at JPMorgan Chase to become one of the most powerful executives on Wall Street.
But today, Ms. Masters, 44, faces a possible regulatory crackdown. The enforcement staff of the Federal Energy Regulatory Commission, which oversees the nation’s energy markets, has found that Ms. Masters gave “false and misleading statements” under oath about her awareness of problematic activities by a group of energy traders in Houston, The New York Times reported on Friday.
Government investigators have found that JPMorgan Chase devised “manipulative schemes” that transformed “money-losing power plants into powerful profit centers,” and that one of its most senior executives gave “false and misleading statements” under oath.
The findings appear in a confidential government document, reviewed by The New York Times, that was sent to the bank in March, warning of a potential crackdown by the regulator of the nation’s energy markets.
The Financial Stability Board, FSB, the international body charged with protecting the “too big to fail” banks, publishes a list of “global systemically important financial institutions” (GSifi).
My research has me asking is this board a protection body that includes and excludes those financial institutions based on loyalty and ability? I note the evidence that institutions have been dropped whilst others have been added over the years; they update its list of GSifis every November, and the methodology for determining which banks are systemic will also be reviewed every three years. ~Ron
Bank of America
Bank of New York Mellon
Mitsubishi UFJ FG
Royal Bank of Scotland
Bank of China
Group Credit Agricole
Sumitomo Mitsui FG
You can research (these are only public documents, please search further for hidden and restricted documents) further by starting here: