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Has JP Morgan Looted Accounts During Previous Bankruptcies? Lehman Brothers and Lessons Not
March 20, 2012
Has JP Morgan Looted Accounts During Previous Bankruptcies? Lehman Brothers and Lessons Not
Watch Here: http://youtu.be/ymFiZDKD1W0
UN-EDITED VERSION: Is this JP Morgan's first time at the dance? Apparently not. The Too Big To Fail bank was active in the Lehman Brothers bankruptcy process, sharpening their skills for the MF Global caper. In this video, consider how not investigating or punishing behavior begets worse behavior. Also note how the subtle influence of Too Big To Fail banks simply perverts the bankruptcy code through safe harbor legislation and a legal process a clubby group operating in the shadows. Industry author and educator Mark Melin interviews James Koutoulas, founder of the Commodity Customer Collation and president of Typhon Capital. For additional information, follow the MF Global scandal in real time on Twitter www.Twitter.com/MarkMelin & www.Twitter.com/JamesKoutoulas (Twitter is one weapon when fighting the omni-potent Too Big To Fail banks)
20 March 2012
Melin and Koutoulas: Did JP Morgan 'Loot Accounts' At Lehman and MF Global As Bankruptcy Tactic