This quote is from a September 5, 2008 column by Jim Willie in GoldenJackass.com.

"Press reporting of the USEconomy has grown more distorted than ever before to support the US system. In fact, the US financial system resembles a gigantic fraudulent syndicate ring system. The irony is that exported bond fraud in past years has been followed by tin-cupping this year so as to secure replenishment funds to stave off bankruptcy. Integrity of US financial firms is at rock bottom, inviting foreign reaction. My position is that JPMorgan stands at the center of the syndicate ring, starting with Enron involvement in 2000, extending to Cantor Fitzgerald involvement in Sept 2001, and now with Bank of Baghdad involvement in processing clandestine Afghan funds in clearinghouse operations. JPMorgan might be the center of the money laundering operations that have kept Wall Street banks afloat for years. Anyone with connections to financial officers to these firms considers this information to be basic."

I don't know what to think of our involvement with J.P. Morgan. I have never seen any evidence that they have done our share price any good. According to Willie they are pretty shady characters.