"Remember that JP Morgan had to get Jesse Livermore to agree to stop raiding stocks, commodities and currencies short before Morgan could rescue the US banking system from a credit lock up"

wow! i guess thats one way to look at it.....personally, i look at it like jpmorgan exerted incredible pressure on the US govt in a time of desperation and was able to lock in it's power position for almost a century now....

JPmorgan, citi, and BofA ARE the US banking system now..... they call it the central bank.....so why are'nt they lending money? these banks charge the fed/treasury interest on the money thats issued (i still dont get that, should'nt it be the other way around?)....

citigroup is buying highways in spain with tarp cash...

B of A just handed out over 1.5bil in bonuses....after charging the US gov $35mil in fees just to recieve the bailout money....

JPmorgan....who knows what the hell JP is doing?...