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whistleblower JPMorgan
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03-17-2012, 05:01 AM
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oB8LI2kP
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Oct 2005
Posts
407
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Today, the metals space is abuzz with a CFTC "comment letter"
posted on its website
by an alleged "current JPM employee." There is only one problem - this letter is either a complete fraud or simply a total mockery, as it provides absolutely nothing new, and merely regurgitates existing manipulation claims already out in the public domain, and backed by precisely
zero evidence
. How about attaching a signed trade confirm, or a daily internal P&L report, or even a blotter entry? No? Because they don't exist? Needless to say,
anyone
can submit such an alleged insider letter, and since there is no name associated to it, we would advise everyone to merely enjoy this a prank attempt. Unfortunately, what more such repeated faux "whistleblower letters", which are likely forthcoming, from other "current JPM employees" will do is simply dilute the effect of any
real
such disclosure that may come in the future. For that purpose, we strongly caution anyone who considers submitting such
dis
information attempts from doing so as it will merely impair and discourage any just intent of validated and justified whistleblowing, either at JPM or elsewhere.
http://www.zerohedge.com/news/jpm-me...-total-mockery
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