PDA

View Full Version : Shock, Surprise! The CDS Markets are rigged



JohnQPublic
13th July 2012, 06:00 AM
None of us woulduv ever imagined! ;)


JPM Admits CIO Group Consistently Mismarked Hundreds Of Billions In CDS In Effort To Artificially Boost Profits (http://www.zerohedge.com/news/jpm-admits-cio-group-mismarked-hundreds-billions-cds-effort-artificially-boost-profits)

beefsteak
13th July 2012, 06:11 AM
What gets me is that JPM is even bothering to "restate 2012Q1" More shell game with no pea.


beefsteak

StreetsOfGold
13th July 2012, 11:33 AM
The surprise would have been that they are NOT rigged.

Horn
13th July 2012, 04:55 PM
Tellin yah, all signals are pointing to the chain being pulled here shortly.

http://rapidretrieve.com/ss/932N1.jpg