Wednesday, 7 August 2002

OOPS!

These guys are an unlimited liability, don't forget that this is Rockefeller stuff happening here.

JP Morgan Fails to Report $45 Billion in Gold Derivatives to the SEC
by Michael Bolser

The following three current documents indicate that JP Morgan Chase has reported to the Office of the Comptroller of the Currency $45,234 Million in total gold derivatives as assets under the control and use of JP Morgan Chase however they have not accounted for these gold derivative assets in either their SEC form 10Q March, 31, 2002 or their 2001 Annual Report. This finding implies that JPM shareholders have far greater risk than previously disclosed by the company.

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