Cliff Küle's Notes:

Cliff Küle's Notes Reflections on our world & its money (The Great Confidence Game)

May 5th 2013, 00:15 JP Morgan Caught in  Swirl of Regulatory Woes NY Times Dealbook reports how U.S. government investigators have found several regulatory mishaps by JP Morgan .. for example - that JP Morgan crafted manipulative schemes that transformed power plants which were losing money into powerful profit centers making tons of money .. "In the energy market investigation, the enforcement staff of the Federal Energy Regulatory Commission, or FERC, intends to recommend that the agency pursue an action against JPMorgan over its trading in California and Michigan electric markets." LINK HERE to the article

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