For the very first time since 2008, the New York Fed will not confirm or deny that JPMorgan Chase is the custodian of $2.4 Trillion of its securities = 2008 never ended

Sharing is Caring!


  • The Federal Reserve bought Mortgage-Backed Securities (MBS) after the 2008 financial crisis.

  • JPMorgan Chase was chosen to hold these MBS securities.

  • JPMorgan Chase has been charged with multiple criminal activities related to MBS.

  • Despite these charges, the New York Fed has not switched custodians.

  • The New York Fed has become less forthcoming about their relationship with JPMorgan Chase.

  • The authors call for a congressional investigation into this relationship.

See also  Russian court seizes $439.5 million JPMorgan Chase funds.
See also  NYPD to start using drones as 'first responders' on 911 calls...

h/t elp007

Views: 354

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.