First-time guest Robert Kientz gives a close-up view of the latest market rigging scheme by JP Morgan. Like so many other settlements, they neither admitted or denied the truth of the charges that they rigged precious metals markets through a variety of manipulation schemes, such as bid spoofing and other nefarious deeds. One billion dollars is just the cost of doing business for the mega-bank. Expect more mis-deeds and more misbehavior in the years ahead. The king is dead, long live the king.
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