Former Long Term Capital Management (LTCM) Terrorist Matt Zames Assumes the Reigns of $70 Trillion in JP Morgan’s Exploding FinCrap


10 comments on “Former Long Term Capital Management (LTCM) Terrorist Matt Zames Assumes the Reigns of $70 Trillion in JP Morgan’s Exploding FinCrap
  1. daddy warbucks says:

    It’s all about understanding the ‘Chicago Way’

    HHS Sends $5.9 Million to Program Run by Obama Buddy
    by Keith Koffler on May 14, 2012
    The Department of Health and Human Services last week announced it had awarded a $5.9 million grant to a University of Chicago Medical Center program tied to Michelle Obama and run by Eric Whitaker, one of President Obama’s closest friends.

    and some old news:

    Obama’s pal Eric Whitaker, his Tony Rezko tie
    By Lynn Sweet on October 28, 2008 By the Sun-Times Watchdog team
    Dr. Eric Whitaker and Sen. Barack Obama go way back.

    Their friendship began when they were graduate students at Harvard University. Now, Whitaker is one of Obama’s closest advisers.

    Whitaker, 43, of Chicago, often travels with the presidential hopeful on the campaign trail and has vacationed with him in Hawaii.

  2. flicks says:

    Laura Kuenssberg tweeting :

    “Just been to trading floor where they have built drachma into their systems-surreal to see it on screen ready to go in case of ‘grexit'”

  3. neweveryday says:

    What is the sound of threads unraveling?
    When no new volunteers step up?
    autocalysis springs to mind, must look it up, something to do with making vinegar out of wine,
    but, hey, I’m busy, otherwise occupied….

  4. Rorschach's journal says:

    Hey Keiser you pictuary retard is Erik Pickles still your favourite MP?

    Whats Pickles got in common with the entire political class of the USA?
    Theyre all fucking tories!!

  5. Michael says:
    Just found this article, goes well with the nepotistic-hereditary-principle stuff you’ve been writing about.

  6. flicks says:

    Laura Kuenssberg tweeting :

    “Traders there reckon ‘grey market’ in drachmas could get going in a couple of days”

    “If enough people think drachma may return, it becomes a commodity – traders expect it’d be 1500 drachmas to 1 euro, they joined at 350 to 1”

  7. Guess who else used to work for LTCM! None other but James G. Rickards!

  8. SilverVigilante wrote:- “…But, the truth is really quite simple. The derivatives don’t exist. They are the hallucinations of insane and suited criminals who have taken the entire planet hostage in their mania. They’ve taken over the insane asylum and have forced each and every individual into their hallucination…”

    I am not sure if an old “Tax Avoidance Scam” may have given birth to this ‘derivatives’ market? This scam was used to greatest effect by Washington Lobby Groups. it kept their bought and paid for Senators and Congressmen in line. If a Bill came up to insist that GM frankinfood is labeled, after, for instance, the major scare from the Fish-Tomato “Flavor-Savor” variety had to be withdrawn, because Hospital Casualty Units were inundated with serious life-treatening side effects!…. The Lobby Group could remind the politician that all his life savings were tied up in the “Tax Avoidance Scam” that only worked if the money was held in a ‘blind trust fund’ that by “shh! keep quiet!” was engineered to go pear-shaped and fail, but by a marvelous stroke of luck, the prudent managers of the blind trust fund, …you guessed it, the very same Loby Group’s affiliate business… had INSURED the LOSS, and even the expected gains were insured. How fortunate is was that an insurance payout is unencumbered with horrid things like Tax Liability….

    …”Now Mr. Senator/Congressman, about that Bill to label GM frankinfoods, think very carefully about the way you vote, and if you abstain, do not expect support at the next election!”

  9. Sleep Well Silver says:

    You are all correct, think about it for a moment. Why would you put a 38 year old in place?

    Because you have a fiat ,fractional reserve system failing in front of you.

    Would you be on the front lines of 7 billion against you?

  10. stockholmer says:

    That article on Matt Zames is over 2 and a half years old, he is now 41, not 38. The interest quote from it was : “One senior JP Morgan insider in London says Zames is based in New York and has a comparatively low profile in London. He also points out that Zames isn’t that young: “The average age here is 28.”
    A new young crop of City demons rising up the bankster liege chain.

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