Apparently some major institutions have a policy to hire, bribe, or coerce the elites of a nation.
This global system of corruption and control has been evident throughout the many posted pages here, however, I want to share with you the spotlight of evidence that continues to mount. ~Ron
It is indeed, by design, who you know…
Israel’s major political parties are controlled by the banks.
JP Morgan’s hiring practices in India under scrutiny
NEW YORK: The US authorities are believed to be scrutinising the hiring practices of banking giant JP Morgan Chase in India, South Korea and Singapore following a probe into its activities in China regarding hiring children of powerful officials to win lucrative business deals. A report in the New York Times said that the federal investigation into the hiring practices of JPMorgan Chase appears to be expanding beyond China into other Asian markets.
In a filing with Securities and Exchange Commission, the bank disclosed that the federal regulator and the Justice Department were now looking into “its business relationships with certain related clients in the Asia Pacific region and its engagement of consultants in the Asia Pacific region.”
The latest investigation into JP Morgan’s activities comes just days after the US banking giant entered into a $13 billion settlement with the federal government over its mortgage practices in the run-up to the financial crisis. Federal authorities led by the SEC’s antibribery unit had begun an investigation into the bank?s hiring of the sons and daughters of China’s elite.
It emerged that the bank had hired the daughter of a Chinese railway official and the son of Tang Shuangning, a former Chinese banking regulator who is now the chairman of the state-controlled financial conglomerate China Everbright Group, according to a confidential government document reviewed by NYT. The bank had even created a formal “Sons and Daughters” programme in 2006 after friends and family of China’s elite jostled for positions at JPMorgan, the NYT report said.
In the 21st century everything is Giant-sized!
Billions is “chump-change” as Trillions are significant
Scape-goats are now scape-Whales…
Beached Scapewhale: JPMorgan’s Javier Martin-Artajo Arrested In Madrid
As previewed extensively previosuly, Javier Martin-Artajo, one of the two JPMorgan scapewhales resulting from the London CIO prop-trading fiasco in which JPM used some $400 billion in deposit funding to corner the HY and IG CDS markets and then proceed to liberally redefine what a mid-market mark means, has been arrested.
Former JPMorgan employee Javier Martin-Artajo, who is wanted by the United States on fraud and tax crime charges, was arrested in Madrid on Tuesday morning, Spanish police said in a statement.
Martin-Artajo handed himself in to police after they found him and got in touch with him, the authorities said.
Earlier this month U.S. prosecutors brought criminal charges against Spaniard Martin-Artajo and his former colleague Julien Grout, who each worked for JPMorgan’s chief investment office in London, in connection to the “London Whale” trading scandal that cost the bank $6.2 billion last year.
And so life for Jamie, who had no idea gambling was going on at the CIO office, NO IDEA, goes on as before.