"...and was pulled back from the brink by Chase..."

Oh, give it a frigging rest already, RedSonja stooge!

JPMorgan Chase, the Rockefeller-Morgan owned bankster, picked up Bear Stearns (which they did a bear run on, together with Goldman Sachs & Deutsche Bank, to destroy it so they could borg it) and WaMu so they would grab all their assets, together with destroying a competitor in their forever march to a one world corporation.

In picking up those two (WaMu and Stearns) they picked up ownership in the Plum Creek Corporation (a REIT - which was effectively the largest land owner in the US outside of the goverment, which is private sector owned, BTW), thus making JPMorgan Chase the largest landowner in North America.

People still are absurdly ignorant that the banksters and oil cartel control all the exchanges, clearinghouses, etc., thereby controlling all the markets.

When the same bunch own the government, plus InterContinental Exchange (and all the ICE subsidiaries, ICE Futures, ICE Clear, etc.), plus ICE US Trust (that privately managed and owned clearinghouse which is supposed to "save" us from their credit derivatives control), and Markit Group, and SwapsWire, and ELX Futures, and Regulatory DataCorp, and the Portal, and every-frigging-thing-else, and control the vast majority of those credit derivatives (fantasy finance constructs which allow them to create money out of debt, then push said debt onto the public -- screwing us all to perdition) -- they have the ultimate monopoly of monopolies.

Kindly get a life, or read the very short articles at the two links below:

http://csper.wordpress.com/2010/08/12/mo…

http://csper.wordpress.com/2010/08/20/gl…

To #24, Sir Vic-Lick --- not quite sure where you are coming from, but then you've never exhibited any independent thought nor logic.

Last time I checked, not a single one of the top five families in North America (who run the region and a sizable chunk of the planet), based upon actual wealth, had a Jewish surname:

Rockefeller family, Morgan family, Du Pont family, Koch family and Peterson family.

(All Christian, last time I checked, also. Not a real Christian, of course, simply the church-going types.)

To #23, Red Sonja, I don't have enough time to cure your extensive ignorance on this subject, assuming such was possible. But try to actually think, for a change.

JPMorgan Chase is where various types of CDOs and their variants originated along with the Credit Default Swap. (JPMorgan Chase is the Rockefeller-Morgan bank, while Citigroup is primarly the Rockefeller bank, which was responsible for the creation of the Structured Investment Vehicle -- that offshore tax-hiding, debt-hiding and capital-hiding vehicle; also the SPE, SPVs, etc., and Citi's subsidiary, Phibro, is one of those players responsible for major speculation on oil and energy and driving up said commodities.)

JPMorgan Chase is also responsible for the latest generation of carbon derivatives (for Europe, cap-and-trade hasn't yet passed in the USA) and have prepared the way with the newest generation of health insurance-based credit derivatives for those upcoming health insurance exchanges (q-Forwards, mortality derivatives, etc.).

JPMorgan Chase makes the big bucks from their tremendous ROI on landmines (it's the Carlyle Group which owns Combined Systems, Inc. which makes those deadly "non-lethal" tear gas cannisters which keep killing Palestinians in Gaza, when shot at them by Israeli troops).

JPMorgan Chase has paid out over $5 billion in the last few years stemming from lawsuits regarding their fraudulent behavior leading to the economic meltdown (including colluding with Enron by hiding billions of dollars of loans to Enron).

JPMorgan Chase is responsible for considerably massive manipulation of the gold market, the silver market, and god knows what else. The Federal Reserve has just been ordered, by one of the few remaining honest judges in America, to turn over their gold records which may finally bring this matter to light (thanks to GATA's FOIA request).

JPMorgan Chase is the major player, along with Goldman Sachs and Morgan Stanley (with Citigroup and BankofAmerica bringing up the rear) in the creation of those securitized financial instruments, credit derivatives (of which there are thousands upon thousands of categories in existence), which allows them to peddle the modern equivalent of snake oil, securitized debt, to any and all, while they they shovel said debt onto the rest of us, when the bill comes due (in the guise of TARP bank bailouts and other types of bailouts, free money from the Fed, and endless Quantatative Easings).

JPMorgan Chase, Goldman Sachs and Morgan Stanley have been the major force pushing for the removal of all anti-fraud regulation and oversight (as in the Gramm-Leach-Blibley Financial Services Modernization Act, and the Commodity Futures Modernization Act -- which derived from lobbying by their Derivatives Research Group to the US congress) and the legalization of that Ponzi-Tontine scheme of peddling securitized debt to the world --- which has been the principal cost driver in rising housing costs, education costs, auto costs, usurious credit card charges, commercial loan costs, and espcially healthcare costs, as well as in many other areas and sectors of various economies.

WaMu, by comparison to JPMorgan Chase, Goldman Sachs, Morgan Stanley (which, together with the oil cartel, owns virtually all the exchanges --- ICE, ICE Futures, ICE Clear, ICE US Trust and various other ICE subsidiaries; Climate Exchange PLC, which is the holding company which owns the various climate exchanges throughout the planet, Markit Group, which prices all those questionable credit derivatives, ELX Futures, Regulatory DataCorp, etc., etc., etc.) is barely a speck of dust in the wind.

With Goldman Sachs and Morgan Stanley leading the way back in 2006, 2007 and 2008, in raising the price of oil to 13.8 times the world consumption price, by massive speculation on ICE Futures (trading various futures back and forth between each other at microsecond speeds; thus incrementally driving up the prices to astronomically speculative prices, then after shorting them, subsequently driving the prices downwards whenever they so desire), the three of them exert enormous power and control over the so-called free markets (as in highly rigged) out there.

Now, your homework assignment is to research the history of the Blackstone Group, how it drove up the price of oil in the '90s by its purchase and subsequent closing of oil refineries; its influence in the privatization of prisons across the country, and the world, how it depleted the tax base of Denmark with its leveraged buyout of TDC there; the number of companies it has destroyed, and therefore the high level of jobs it has likewise destroyed, by enriching its partners with a variety of leveraged buyouts (also known as raping and pillaging).

Also, research the background of its founder, Peter G. Peterson, his lifelong connection to the Rockefeller family, specifically David Rockefeller; how Peterson has striven to destroy any and all possible social safety net features ( in the name of privatization, i.e., handing them over gratis to the corporate swine) as in Social Security, Medicare, etc., and how he was on that Bill Clinton's "commission to end welfare as we know it" -- as well as that commission which fudged for the foundations (also known as tax-free holding companies, their original purpose), and the various astro-turf firms, foundations and organizations he has founded to "manufacture consent" and propagandize the rest of us.

Thank you.