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Re: Frank Pembleton post# 691

Sunday, 11/03/2002 7:42:07 PM

Sunday, November 03, 2002 7:42:07 PM

Post# of 795
call me Jim Willie Drudge
yeah mon

here are Chapman's words confirming my JPMorgan massive $70B fraud rumor!!!
if it is written, it must be true <G>
eeeeeeehaaaaaiiiii !!!!!!
Chapman On Gold

Don Murphy, a technical analyst with Merrill Lynch speaking on CNBC says, "My view is that I like gold as an investment. I'm inclined to think that gold is making a secular low, a buy of a generation!" He went on to say, "To be conservative, I'm going to say $450 to $550, but my thought is that gold could go back and challenge the levels we saw in 1980-81 at $850 an ounce!"

Firing of gold analysts....."Midyear it was Kevin Crisp and Dinsa Mehta of Morgan and Chase. Yesterday, it was Goldman Sach's Dan McConvey. These three were very well known in the gold industry and were among the leading apologists for their corrupt bullion banks. McConvey had the perfect background for Goldman as he came there via Barrick Gold." Could it be that exposure is near?

Rumors abound that there is massive accounting fraud at JP Morgan Chase and they are under investigation. It seems the US attorney's office and the New York Attorney General have major investigations in progress. They are in the process of trying to prove criminal intent. The word is their losses, which have been covered up, run to $70 billion. It's expected the hammer will be dropped in the month of December. It's been reported that daily shipments by truck of Federal Reserve Gold out of NYC is covering a $170 billion fraud concealing $70 billion in losses. If this is true, and we believe it fits, then gold would skyrocket.


my response:
my reporting of the JPM fraud investigation is but one of many singing in painful rhyme about Manhattan choruses
I give 1000:1 odds that the SD2 Scoop is not alone
he would NOT base his report on Internet Message Boards
he has his own reputation to defend and think about
from what Joe tells me from my club, FannyMae is part of the bankers community which is circulating this rumor... they believe it is based on AttyGenl activities... their set of bankers roam around, lunch together, have buddies from former positions, have school chums in rival firms, and thus form a community that breathes and talks to each other

this is the basis of the rumors
I dont doubt my Joe for a minute
let's see if the JPM departures escalate
I must admit it is a thrill to see Chapman's word in widely circulated print
I will attempt to send him an email in order to verify that the rumor is as wide as I believe it is

/ jim



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