Comments on: $138 Billion Post-Bankruptcy JP Morgan Advance to Lehman; At Least $87 B Repaid by Fed http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html Mon, 23 Nov 2009 11:04:35 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-16117 Anonymous Fri, 19 Sep 2008 22:37:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-16117 That is why they had GE build nukes; to shut you all up once and for all. That is why they had GE build nukes; to shut you all up once and for all.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15888 Anonymous Thu, 18 Sep 2008 09:18:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15888 doc holliday is right: enabling their counterparties. GE ownership:what other wall street banks does ge own? Lehman owns stock in Fed;Rothchilds own majority of Fed stock;do Rothchilds own GE? All of this has been manipulated by Rothchilds. doc holliday is right: enabling their counterparties. GE ownership:what other wall street banks does ge own? Lehman owns stock in Fed;Rothchilds own majority of Fed stock;do Rothchilds own GE? All of this has been manipulated by Rothchilds.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15806 Anonymous Thu, 18 Sep 2008 01:21:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15806 Lehman is owned by GE which is a warmongering, warprofiteering Energy Giant that We the People grossly enrich. The government rigs the economy trapping us by allowing monopolies by GE-type companies. <br/><br/>The government also allowed companies that deal GM cars to force and trick customers into buying invisible goods like a clear paint, factory applied at a cost of 1,000 US dollars. In this environment of corruption salesmen tried to get some of the riches for themselves and were willing to kill dealership owners to get a piece of the invisible pie. See Fargo to learn how fascist temptation trickled down to the salesman of the automobile. GE taking a huge piece of the pie by stealing oil in the middle east and manipulating gasoline prices with the help of so-called leaders. GE leaders of industry, right! Leaders of fascism is more like it.<br/><br/>GE owns NBC which hired Ben Silverman the Jew who sells women like whores to you over your television set. Don't expect truth to come out of NBC. It's run by warmongering egomaniacal mass murderers, genocidical fascist thieves. They will entertain you with images of death, lewd sexual acts and do anything to assault your sense of morality while blocking the truth, blocking enlightenement.<br/><br/>We must teach eachother. We must enlighten those who believe in invisible men and who unwittingly collude with the fascist via silence and ignorance as they wait for the invisible men, Allah, Yahweigh and Jesus to reach out and touch and bless them with riches and happiness. Meanwhile the fascist continue to pool our money into the Federal Reserve Bank and use it to buy guns to threaten us with. They buy armies to keep us from taking back what's ours, what's not theirs to take: our merited wealth, our rights and freedoms.<br/><br/>The jig is up. Let's organize. Spread the word. Lehman is owned by GE which is a warmongering, warprofiteering Energy Giant that We the People grossly enrich. The government rigs the economy trapping us by allowing monopolies by GE-type companies.

The government also allowed companies that deal GM cars to force and trick customers into buying invisible goods like a clear paint, factory applied at a cost of 1,000 US dollars. In this environment of corruption salesmen tried to get some of the riches for themselves and were willing to kill dealership owners to get a piece of the invisible pie. See Fargo to learn how fascist temptation trickled down to the salesman of the automobile. GE taking a huge piece of the pie by stealing oil in the middle east and manipulating gasoline prices with the help of so-called leaders. GE leaders of industry, right! Leaders of fascism is more like it.

GE owns NBC which hired Ben Silverman the Jew who sells women like whores to you over your television set. Don’t expect truth to come out of NBC. It’s run by warmongering egomaniacal mass murderers, genocidical fascist thieves. They will entertain you with images of death, lewd sexual acts and do anything to assault your sense of morality while blocking the truth, blocking enlightenement.

We must teach eachother. We must enlighten those who believe in invisible men and who unwittingly collude with the fascist via silence and ignorance as they wait for the invisible men, Allah, Yahweigh and Jesus to reach out and touch and bless them with riches and happiness. Meanwhile the fascist continue to pool our money into the Federal Reserve Bank and use it to buy guns to threaten us with. They buy armies to keep us from taking back what’s ours, what’s not theirs to take: our merited wealth, our rights and freedoms.

The jig is up. Let’s organize. Spread the word.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15786 Anonymous Wed, 17 Sep 2008 23:14:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15786 For God's sake don't let them find out they are all slaves and our 'economic system' keeps them there. For God’s sake don’t let them find out they are all slaves and our ‘economic system’ keeps them there.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15773 Anonymous Wed, 17 Sep 2008 21:45:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15773 "Sure, we'll bail you out, let me just switch on the printer....." “Sure, we’ll bail you out, let me just switch on the printer…..”

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15640 Anonymous Wed, 17 Sep 2008 03:02:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15640 The securities for which the cash was paid are the collateral and so presumably JPM/the fed has rights over those securities via the guarantee offered by Lehman. I don't think this is a loan to pay off Dick Fuld.<br/>************<br/>Yes, but as Lehman is petitioning the bankruptcy court to ensure that the lenders of the advance be given priority according to the Bloomberg story, then it appears that the Fed and JP Morgan have not been repaid. Once banruptcy has been declared, all creditors get in line, do they not? And if true, than Paulson has lied blatantly again, and the taxpayer is on the hook for Lehman. And shouldn't Paulson be in jail for peddling bad paper anyway? The securities for which the cash was paid are the collateral and so presumably JPM/the fed has rights over those securities via the guarantee offered by Lehman. I don’t think this is a loan to pay off Dick Fuld.
************
Yes, but as Lehman is petitioning the bankruptcy court to ensure that the lenders of the advance be given priority according to the Bloomberg story, then it appears that the Fed and JP Morgan have not been repaid. Once banruptcy has been declared, all creditors get in line, do they not? And if true, than Paulson has lied blatantly again, and the taxpayer is on the hook for Lehman. And shouldn’t Paulson be in jail for peddling bad paper anyway?

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15608 Anonymous Wed, 17 Sep 2008 00:58:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15608 Settling trades works just like any money wire at the end of the day. Stocks for example, settle T+3. That means three days after a trade occurs in the market, cash has to be exchanged between the respective buyer and seller. As Lehman had confirmed but unsettled trades, someone had to post cash to pay for those trades where stocks, bonds etc. had been bought. The securities for which the cash was paid are the collateral and so presumably JPM/the fed has rights over those securities via the guarantee offered by Lehman. I don't think this is a loan to pay off Dick Fuld. Settling trades works just like any money wire at the end of the day. Stocks for example, settle T+3. That means three days after a trade occurs in the market, cash has to be exchanged between the respective buyer and seller. As Lehman had confirmed but unsettled trades, someone had to post cash to pay for those trades where stocks, bonds etc. had been bought. The securities for which the cash was paid are the collateral and so presumably JPM/the fed has rights over those securities via the guarantee offered by Lehman. I don’t think this is a loan to pay off Dick Fuld.

]]> By: Sing Expat http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15603 Sing Expat Wed, 17 Sep 2008 00:43:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15603 Paulson, Bush, Cheney and the Thieves of Wall Street are all good buddies. Under the guise of protecting the financial system, they are looting the treasury to pay off trillions in bonuses and dividends which have been paid out over the past ten years.<br/><br/>It is obvious to me that the system is corrupt and broken, but it is this system which makes the powers that be very rich, so they are fighting to save it. You cannot convince me that letting Lehman and AIG fail is catastrophic.<br/><br/>If they are too big to fail, then they should not have been allowed to grow so big. Clinton, Bush, Greenspan, and Bernanke are all guilty of high crimes and treason for allowing, encouraging and fostering the greed, corruption and excesses of Wall Street. They should be in Gitmo being tortured, not some schmuck driver from Nowheresville, Afghanistan. Paulson, Bush, Cheney and the Thieves of Wall Street are all good buddies. Under the guise of protecting the financial system, they are looting the treasury to pay off trillions in bonuses and dividends which have been paid out over the past ten years.

It is obvious to me that the system is corrupt and broken, but it is this system which makes the powers that be very rich, so they are fighting to save it. You cannot convince me that letting Lehman and AIG fail is catastrophic.

If they are too big to fail, then they should not have been allowed to grow so big. Clinton, Bush, Greenspan, and Bernanke are all guilty of high crimes and treason for allowing, encouraging and fostering the greed, corruption and excesses of Wall Street. They should be in Gitmo being tortured, not some schmuck driver from Nowheresville, Afghanistan.

]]> By: Rexlexsolutus http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15580 Rexlexsolutus Tue, 16 Sep 2008 23:55:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15580 Law?<br/><br/>--Bank deposits and investment subsidiaries<br/>-- Loans to AIG<br/>-- Lending and repaying to an institution under bankruptcy protection<br/>-- making up new "instruments" ad libitum <br/><br/>How can anyone discuss the significance, or meaning ,of what's going on when the players (not the rule makers) keep on changing the rules. <br/><br/>If the NFL was run like this there'd be a revolution, there certainly wouldn't be any discussion about what this all means for the playoffs. Law?

–Bank deposits and investment subsidiaries
– Loans to AIG
– Lending and repaying to an institution under bankruptcy protection
– making up new “instruments” ad libitum

How can anyone discuss the significance, or meaning ,of what’s going on when the players (not the rule makers) keep on changing the rules.

If the NFL was run like this there’d be a revolution, there certainly wouldn’t be any discussion about what this all means for the playoffs.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan.html#comment-15574 Anonymous Tue, 16 Sep 2008 23:36:00 +0000 http://www.nakedcapitalism.com/2008/09/138-billion-post-bankruptcy-jp-morgan-advance-to-lehman-at-least-87-b-repaid-by-fed/#comment-15574 Guessing here but more than likely the advances went toward settling derivatives which the house of cards is built on and there is no clearing house for them as they are just over the counter transactions costing trillions. Without a lawsuit with its discovery, you'll never know what's going on behind the scenes. Guessing here but more than likely the advances went toward settling derivatives which the house of cards is built on and there is no clearing house for them as they are just over the counter transactions costing trillions. Without a lawsuit with its discovery, you’ll never know what’s going on behind the scenes.

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