Difference between revisions of "JP Morgan Chase"

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In July 2019, a container ship owned by JP Morgan's "asset management division" was seized in [[Philadephia]] carrying nearly 20 tons of [[cocaine]]. An expert claimed “It is strange that such a modern and expensive vessel is involved in such a blatantly criminal case, like moving 20 tons of cocaine,”<ref>https://www.ibtimes.com/jpmorgan-owned-ship-seized-20-tons-cocaine-worth-13-billion-2805904</ref> $13 billion in cocaine is more than enough money to cover the $13 billion fine imposed by the [[US Government]] in 2013 over JP's involvement in the [[2008 Financial Crisis]].<ref>https://www.reuters.com/article/us-jpmorgan-settlement/jpmorgan-agrees-13-billion-settlement-with-u-s-over-bad-mortgages-idUSBRE9AI0OA20131120</ref>
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In July 2019, a container ship owned by JP Morgan's "asset management division" was seized in [[Philadephia]] carrying nearly 20 tons of [[cocaine]]. An expert claimed “It is strange that such a modern and expensive vessel is involved in such a blatantly criminal case, like moving 20 tons of cocaine,”<ref>https://www.ibtimes.com/jpmorgan-owned-ship-seized-20-tons-cocaine-worth-13-billion-2805904</ref>  
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It is worth noting that $13 billion in cocaine is more than enough money to cover the $13 billion fine imposed by the [[US Government]] in 2013 over JP's involvement in the [[2008 Financial Crisis]].<ref>https://www.reuters.com/article/us-jpmorgan-settlement/jpmorgan-agrees-13-billion-settlement-with-u-s-over-bad-mortgages-idUSBRE9AI0OA20131120</ref>

Revision as of 20:42, 18 August 2019

Group.png JP Morgan Chase   WebsiteRdf-icon.png
Jp morgan logo.jpeg
HeadquartersNew York City, US


In July 2019, a container ship owned by JP Morgan's "asset management division" was seized in Philadephia carrying nearly 20 tons of cocaine. An expert claimed “It is strange that such a modern and expensive vessel is involved in such a blatantly criminal case, like moving 20 tons of cocaine,”[1]

It is worth noting that $13 billion in cocaine is more than enough money to cover the $13 billion fine imposed by the US Government in 2013 over JP's involvement in the 2008 Financial Crisis.[2]