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Enron all over again? US accuses JP Morgan Chase of energy market manipulation

30.07.2013 11:51

JP Morgan is under investigation by the top US energy regulator for an Enron-style energy market manipulation. JP Morgan likely to agree to a multi-million dollar settlement to end possible legal action.

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Comments (8) Sort by: Highest rating Oldest first Newest first

 

Frank 19.08.2013 17:10

Slap on the wrist and business as usual continues. The profits from the alleged illegal activities far exceed any fine the bank too big to fail will pay.

Yawn, on to the next article.

 

George Chambers 16.08.2013 02:34

JPMorgan has the liquidity to throw around and manipulate the market in many ways - most notably silver, crude and now Nat gas/Utilities market.

Anonymous user 31.07.2013 06:08

Hay look me. I cant reed or rite.

Anonymous user 31.07.2013 06:07

Learn to speak English, if you're going to pretend to have knowledge of something.

Anonymous user 31.07.2013 03:53

If Confiscate all possessions of banksters/fraudsters and all monies usa would have no debt

Anonymous user 30.07.2013 20:13

Its all pre-planned as its the governments way of collecting a new money without calling it a tax.

Anonymous user 30.07.2013 13:48

500million is chump change to these banksters.
They SHOULD be prosecuted, but they own the govt.

Anonymous user 30.07.2013 13:41

What a joke these are the people that buy US elections and they will get sued yea right.

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