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Whistle Blower
Shariah Law Expansion & Suppressed News! May 31/12 Print E-mail
Wednesday, 30 May 2012 16:05

Shariah Law Expansion & Suppressed News! May 31/12

Islamic organization says community needs to better understand

Shariah law is famous for making headlines in the West over its penalties, such as beheadings and amputations; its treatment of women and the violence that is allowed, and its relegation to those who follow other faiths to a subservient status.

Now, it seems, there’s a new move to expand its influence in the United States, with a weekend conference in Hartford, Conn., on “Understanding Shariah” and “how to apply Shariah in a society where most people are not of the same faith.”

The conference is being assembled by the Islamic Circle of North America, which earlier was revealed through a campaign by Stop Islamization of Nations, to be trying to “mainstream Shariah.”

Officials say they expect some 15,000 to attend the events at the 37th annual ICNA convention.

“Muslims need to be educated about Shariah,” said Naeem Baig, the organization’s vice president for public affairs, in announcing the events.

“There’s a need for the community to better understand what Shariah means to us, and how to apply Shariah in a society where most people are not of the same faith,” he said.

Get a hands-on instruction book on how to stop the advance of Shariah in your city, in “Stop the Islamization of America.”

The conflict between Shariah and Western justice, which was outlined nearly a millennium ago in the Magna Carta and enshrined in the U.S. Constitution, has been on the rise recently.

The result has been a move among states, including Arizona, Oklahoma, Missouri, South Dakota, Tennessee and Kansas, to make statements that would prevent American jurisprudence from taking a back seat to the dictates of the Islamic religious law in American courts.

Baig called the concern “a deep-down hatred of Muslims” and said, “They don’t want to see Muslims in America.”

See what people should be doing in the battle, in “Stop the Islamization of America: A Practical Guide To The Resistance.”

ICNA said many of the convention programs focus on educating Muslims about Shariah, and the “myths” about Shariah.

But the Stop Islamization of Nations campaign is buying ad space for a billboard calling on Americans to learn the dark side of Islamic law.

The effort’s leader, Pamela Geller, says her group has one real purpose – to counter the impact of the pro-Shariah billboard campaign of the Islamic Circle of North America, an alleged Muslim Brotherhood front organization.

Geller pointed out that captured internal documents indicated ICNA is a Muslim Brotherhood group.

“Muslim Brotherhood groups in America are trying to … mainstream Shariah,” Geller warned.

The billboard will lead people to the Refuge from Islam site.

“The Muslim Brotherhood group ICNA needs to lie to Americans about Shariah and advance a false narrative about the most extreme and radical ideology on the face of the earth. Period,” Geller said.

“They don’t want Americans to know the truth that the gendercide of honor killings, the clitorectomies, the stonings, and the 1,400 years of cultural annihilations and enslavements (that) are all Shariah-mandated,” Geller said.

“We need to counter this campaign publicly. We must educate America and arm freedom lovers with facts,” Geller said.

Geller said Muslims have to take a bold step to truly become Americans.

Read more...
 
Bankers Exposed & Greece Meltdown!May 17/12 Print E-mail
Wednesday, 16 May 2012 15:02

Bankers Exposed & Greece Meltdown!May 17/12

Banker left Speechless by Irish Journalist - DO NOT MISS THIS ONE!!!  Irish journalist Vincent Browne confronts the ECB's (European Central Bank) Klaus Masuch demanding to know where the money is going.   http://www.youtube.com/watch?v=pCHu1kRT6hU

BBC Speechless As Trader Alessio Rastani Tells Truth, Collapse Coming, Goldman Rules World!    THIS STORY must not go unnoticed and needs to become a viral video for everyone to see that they need to wake up and start not only demanding these criminals be convicted but force our congress controlled puppets to realize we will not let this go with a hand slap !!! wake up people it's time to apply real pressure .http://www.youtube.com/watch?v=Bp-MQhssCqI

Also:

WORLD BANKER MAKES STUNNING CONFESSION

The former president of the world bank, James Wolfensohn, makes stunning confessions as he address graduate students at Stanford University . He reveals the inside hand of world domination from past, to the present and into the future. The speech was made Jjanuary 11th, 2010. The next 19 minutes may open your mind to a very deliberate world!

He tells the grad students what's coming, "a tectonic shift" in wealth from the west to the east. But he doesn't tell the students that it is his institution, the world bank, that's directing and channeling these changes.

Wolfensohn's own investment firm is in China , poised to profit from this "imminent shift" in global wealth.SEE FULL SPEECH

http://www.youtube.com/watch?v=DCPRhpV-v54

http://www.youtube.com/watch?v=mOwZwkhFemQ&feature=related

JP Morgan Execs Get the Boot!

http://readersupportednews.org/news-section2/374-bush-administration/11420-war-tribunal-finds-bush-cheney-rumsfeld-guilty-of-war-crimes

http://mobile.bloomberg.com/news/2012-05-13/jpmorgan-executives-said-to-depart-this-week-after-trading-loss?category=/

JPMorgan Unit’s London Staff May Go as Loss Prompts Exits

By Dawn Kopecki
May 14, 2012 7:04 AM EDT

The entire London staff of JPMorgan Chase & Co. (JPM)’s chief investment office is at risk of dismissal as a $2 billion trading loss prompts the first executive departures as soon as this week, a person familiar with the situation said.

Ina Drew, who oversees the unit, may resign as soon as this week, according to another person, who requested anonymity because the deliberations are private. Joseph Evangelisti, a bank spokesman, said Drew would have no comment. While the firm is examining whether anyone in the unit, which employs a few dozen people in London, sought to hide risks, there isn’t yet evidence that’s the case, one of the people said.

Chief Executive Jamie Dimon, 56, announced the loss May 10, assailing his firm’s handling of trading in synthetic credit securities as “flawed, complex, poorly reviewed, poorly executed and poorly monitored.” Initially, he resisted accepting Drew’s resignation, the person said. The incident has given ammunition to proponents of stricter bank regulations.

Dimon “has to clarify the management changes that have to take place to ensure that a firm line has been drawn under this,” said Christopher Wheeler, a London-based analyst at Mediobanca SpA.

Drew, 55, is one of two women on the operating committee at JPMorgan, the biggest and most profitable U.S. bank. Her office oversees about $360 billion, the difference between money from deposits and what the bank lends. Dimon had encouraged her unit to boost earnings by buying higher-yielding assets, including structured credit, equities and derivatives, in an expansion of risk-taking led by Achilles Macris, ex-employees said in April.

Macris, 50, and a trader on his team, Javier Martin-Artajo, also are leaving the New York-based firm with Drew, the Wall Street Journal reported yesterday, citing the unidentified people. Macris and Martin-Artajo didn’t respond to messages left outside of regular business hours.

To contact the reporter on this story: Dawn Kopecki in New York at dkopecki@bloomberg.net

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net

Greece Meltdown May 17/12

By Alastair Jamieson, msnbc.com and NBC News

Updated at 12:05 p.m. ET: Political leaders in Athens were due to discuss an emergency government Wednesday to deal with a possible run on banks as it emerged Greeks withdrew almost $900 million in a single day, fearing their country could crash out of the euro currency by the end of the week.

Read more...
 
Monsanto, BP Spill, & Wireless DNA Radiation! May 10/12 Print E-mail
Wednesday, 09 May 2012 16:42

Monsanto, BP Spill, & Wireless DNA Radiation! May 10/12

BP Gulf Spill still Happening 3 million barrels a day wonder why gas prices  are so high? 9 minutes

http://youtu.be/7KcO4F3564M

Monsanto, the massive biotechnology company being blamed for contributing to the dwindling bee population, has bought up one of the leading bee collapse research organizations. Recently banned from Poland with one of the primary reasons being that the company’s genetically modified corn may be devastating the dying bee population, it is evident that Monsanto is under serious fire for their role in the downfall of the vital insects. It is therefore quite apparent why Monsanto bought one of the largest bee research firms on the planet.

It can be found in public company reports hosted on mainstream media that Monsanto scooped up the Beeologics firm back in September 2011. During this time the correlation between Monsanto’s GM crops and the bee decline was not explored in the mainstream, and in fact it was hardly touched upon until Polish officials addressed the serious concern amid the monumental ban. Owning a major organization that focuses heavily on the bee collapse and is recognized by the USDA for their mission statement of “restoring bee health and protecting the future of insect pollination” could be very advantageous for Monsanto.

In fact, Beelogics’ company information states that the primary goal of the firm is to study the very collapse disorder that is thought to be a result — at least in part — of Monsanto’s own creations. Their website states:

While its primary goal is to control the Colony Collapse Disorder (CCD) and Israeli Acute Paralysis Virus (IAPV) infection crises, Beeologics’ mission is to become the guardian of bee health worldwide.

What’s more, Beelogics is recognized by the USDA, the USDA-ARS, the media, and ‘leading entomologists’ worldwide. The USDA, of course, has a great relationship with Monsanto. The government agency has gone to great lengths to ensure that Monsanto’s financial gains continue to soar, going as far as to give the company special speed approval for their newest genetically engineered seed varieties. It turns out that Monsanto was not getting quick enough approval for their crops, which have been linked to severe organ damage and other significant health concerns.

Steve Censky, chief executive officer of the American Soybean Association, states it quite plainly. It was a move to help Monsanto and other biotechnology giants squash competition and make profits. After all, who cares about public health?

“It is a concern from a competition standpoint,” Censky said in a telephone interview.

It appears that when Monsanto cannot answer for their environmental devastation, they buy up a company that may potentially be their ‘experts’ in denying any such link between their crops and the bee decline.

Read more: http://naturalsociety.com/monsanto-bee-collapse-buys-bee-research-firm/#ixzz1scKAoTZS

Wireless Radiation & DNA April 4/12

THERE’S A REASON CELL RHYMES WITH HELL.” *

The Electromagnetic Effects of Cell Phones and Other Wireless Devices

http://archivesmb.wordpress.com/the-electromagnetic-effects-of-cell-phones /

With the advent of cell phones, iPods and other ‘personal devices’ the ears of an entire generation have been dangerously compromised.   In addition to the obvious physical risks that associate cell phone use and texting while driving, effects have been measured on teenage language abilities[i] and a markedly increased incidence of tinnitus, a chronic ‘ringing-in-the-ears.’[ii]

A 2005 ChildWise study conducted by the National Library Trust found that one in four children under the age of eight had a mobile phone, a figure which increased to 89% by the time the child reaches 11 years. [iii]

TECH SELLS – Dressed to kill

Teenagers: A Generation Unplugged, is a 2008 study which determined that four out of five teens carry a wireless device (an increase of 40% from 2004) and found that their cell phones rank second, only to clothing, in communicating personal social status and popularity, “outranking jewelry, watches and shoes.”   Additionally, over half (52%) view cell phones as a form of entertainment and 80% feel that a cell phone provides a sense of security while 36% dislike the idea of others knowing their exact location. [iv]

While a recent WHO study determined that a cell phone-cancer link is inconclusive, the UN did acknowledge that the 2010 examination of 13,000 participants found up to 40 percent higher incidence of glioma, a cancerous brain tumor, among the 10% that used the mobile phone most.   While there is near unanimous agreement within the scientific community that it is simply too early to accurately project damage caused by radiation, even the most modest estimates acknowledge minimal consequences, the estimated 4.6 billion cell phone users “appear prepared to take the risk” without “firm assurances” that they are safe. [v]

UNBOUNDED EVIL – You are being lethally manipulated.

In March, 2010, a study published by MIT demonstrated that electromagnetic currents directed at the RIGHT tempero-parieto junction (TPJ),  located just above and behind the right ear, can impair a person’s ability to make moral judgments by inducing a current which disrupts this region of the brain.

Read more...
 
BenFulford,David Wilcox & Drake Global Updates! May 3/12 Print E-mail
Wednesday, 02 May 2012 11:34

BenFulford,David Wilcox & Drake Global Updates!May 3/12

May 1, 2012

The prevailing theme these days seems to be chaos in the West but what we are really witnessing is the controlled implosion of the criminal cabal that took over the Western financial system and nearly destroyed Western civilization. Among the events associated with this collapse were: a fake missile launch in North Korea, the ongoing cover-up of a botched assassination attempt against Obama, multiple liens being placed on cabal-controlled central banks, a trilateral commission meeting in Tokyo, unprecedented military maneuvers and more.
We are entering a very dangerous period as the cornered cabalists are certainly planning a massive new terrorist attack (possible tagets : Tokyo, Rome, London) in an attempt to stay in power. Military, police and other action against cabal power centers is also picking up pace.

One sure sign of change for those still clinging to the old power paradigms is the joint military maneuvers linking the Chinese, Russian and US armed forces. On the one side rogue pentagon forces working for the cabalists trying to steal Asian gold stashes were confronted by joint Chinese and Russian forces. On a different front, a joint US and Russian force is preparing to storm the Nazi cabal base under Denver Airport. These military maneuvers make it clear, if nothing else, that it is now better to think of geopolitics in terms of transnational factions than it is to think in terms of nation states.

The split between the Obama faction and Sabbatean gangster faction is one such example. The murder attempt against Obama in Columbia by members of his own secret service early in April is a good example.

The corporate propaganda press is only reporting this as a “prostitution scandal.” However, both MI6 and CIA sources say the murder attempt against Obama was a hit ordered by Israeli Prime Minister Benjamin Netanyahu and top North American Mossad agent Rahm Emanuel.

Obama is not publicly naming them because if he did so, stories about the murder of his homosexual lovers in Chicago and other Obama secrets would start appearing in Sabbatean gangster propaganda outlets like the Jew York Times.

The Sabbateans, for their part, are putting out stories on internet chat boards claiming the whole assassination attempt was planned by amateur rogue agents.

In any case, Netanyahu and his messianic faction is now finally being renounced by mainstream Jews and Israelis. The most public sign of this was former Israeli Internal Security Chief Yuval Diskin denouncing Netanyahu and his colleagues as incompetents with a messianic complex. Unlike other such comments, this was widely quoted in the corporate propaganda media. It seems the real Jews are finally taking action against the fanatical messianic gangsters who have been terrorizing them.

US protest movements like Occupy Wall Street are also gearing up for what is expected to be a summer of discontent. The organizers have been waiting for warm weather and that weather has arrived.

Meanwhile, although there is still talk of mass arrests taking place to clean out the corruption and gangsterism that has taken over the Washington D.C. political process, it still has not happened. A growing number of people both within and without the military and agencies are growing impatient with the delay. However, the word from the pentagon is that it will not move until all the i’s are dotted and t’s crossed in the new financial system.

In Europe, meanwhile, signs of collapse are visible for all to see. The crisis in Spain, imminent regime change in Holland and France, arrests all over Europe and the implosion of the big banks are there for all to see either in the corporate media or on the internet.

In relation to this, the White Dragon Society was asked to relay the following message: A US agency “cleaner,” by the name of “Leftie,” has been sent to Italy to “remove scum.” Presumably this refers to the hygienic risk posed by clumps of bacteria to be found in Italian public facilities.

In Asia, meanwhile, a lot continues under the surface. The cabal sub-committee known as the Trilateral Commission met last week in Tokyo. The public discussions were fairly low-key but there was a lot of talk about the value of underwater resources in the South China Sea. This was accompanied by pentagon and allied military maneuvers around China and provocative statements by various cabal assets about tiny territorial disputes with China.

This saber rattling was accompanied by a farcical show in North Korea. Hundreds of cabal luminaries and other international guests were invited to North Korea for the 100-year anniversary of Kim Il Sung. As one of the highlights of the festivities, the guests were all taken to see the “provocative rocket” North Korea was about to launch. However, at the time of the so-called launch, no foreign guests were present and the entire launch area was covered in fog. According to Japanese military intelligence no foreign government agency was able to get any images whatsoever of the “failed launch.” The best guess is that the entire thing was a giant publicity stunt.

Presumably the upcoming “nuclear test,” is also some sort of negotiation and publicity ploy by cabal forces desperate to stir up trouble in the Far East. They will get nowhere.

Japanese Prime Minister Yoshihiko Noda is also in Washington this week where he is expected to get the cold shoulder. He will be asking for access to the vast sums of money located inside Bank of Japan computers but Obama and other Washington lackeys are not in a position to hand it over. If they could, you can be sure they would use it themselves.

Instead, a lien has been placed on the Bank of Japan claiming this institution has been engaged in illegal and fraudulent money creation since 1968. Depending on its response to the lien the BOJ may be impounded by police acting on orders from Interpol.

The best guess for fundamental regime change in Japan and the West is that the month of May will be characterized mainly by the continuing collapse of the old world order. There is plenty of talk about big events in June linked to the liberation of the West and Japan.

The White Dragon Society, for its part, has begun a systematic campaign on multiple levels to overthrow the cabal. There will not be much to see at first but just wait. www.benjaminfulford.net

Drake on Wolf Spirit Radio 4-29-12… Get Your Red Hot MP3s here, folks!!!

Posted on April 29, 2012

This Wolf Spirit Radio is today’s (4-29-12) Drake (and Deatra-Muggsy-Dave) radio show. As in the previous Drake radio show, I’m listening to this now.

Thanks to Geek Kish for recording the show live, and sending the original mp3s to me in 5 neatly organized parts. I removed all music and leveled out the volumes somewhat. Anyone wishing to get the original mp3s may go here: http://www.wolfspiritradio.com/archive/dl.php?id=Freedom_Reigns.

I do know that Part 1 has information about what our “off-planet-currently-on-planet” friends are doing for us. Part 2 includes recent updates about arrests, etc. Part 3 includes information about mortgages, prisons-for-profit, Iceland (9 min.), advantages of possessing silver coins (10:45), chemtrails (14:30). (I’m still listening to that right now)

Last Updated on Wednesday, 02 May 2012 12:38
Read more...
 
VPD Meter Fraud Vote & EMF,Health Canada?#2 April 26/12 Print E-mail
Wednesday, 25 April 2012 11:41

VPD Meter Fraud, Vote No & EMF, Health Canada? April 25/12

New interview video: Former Vancouver Police Department Fraud Investigator

We're in awe of former Vancouver Police Dept fraud investigator, Len Miller.

Len is a salt-of-the-earth kind of man who tells it like it is.

Watch this and be inspired: check you tube VPD Under Title below 9 minutes

Ex-fraud investigator on smart meters [Take Back Your Power]

http://www.youtube.com/watch?v=6m8Cp80SbJs

Will Vancouver City Council to finally join 39 other municipalities and issue moratorium on May 1, 2012??

Also, just announced: Vancouver City Council will be voting on whether to issue a moratorium on smart meters, on May 1. Will they join the 39 other municipalites in BC who have voted for a smart meter moratorium? Or will they show themselves to be in-the-pocket of the corporately-run provincial government?

Below is contact information for the mayor and all council men and women. Tell them loud and clear why they need to hear the public's loud voice. They previously said, "we need to focus on more important issues"!

NOW IS THE TIME to let them know you want Vancouver to become a Regional Smart Meter Free Zone!

Mayor Gregor Robertson: gregor.robertson@vancouver.ca | 604-873-7621

George Affleck: clraffleck@vancouver.ca 604-873-7248

Elizabeth Ball: clrball@vancouver.ca 604-873-7240

Adrienne Carr: clrcarr@vancouver.ca 604-873-7244

Heather Deal: clrdeal@vancouver.ca 604-873-7242

Kerry Jang: clrjang@vancouver.ca 604-873-7246

Raymond Louie: clrlouie@vancouver.ca 604-873-7243

Geoff Meggs: clrmeggs@vancouver.ca 604-873-7249

Andrea Reimer: clrreimer@vancouver.ca 604-873-7241

Tim Stevenson: clrstevenson@vancouver.ca 604-873-7247

Tony Tang: clrtang@vancouver.ca 604-873-7244

Letters to: Mayor and Council

Vancouver City Hall

453 W. 12th Avenue

Vancouver, BC

V5Y 1V4

There are now so many reasons why we need to halt the smart grid immediately.

(For the latest research, please see our site or CST).

Thank you for participating and sharing this critical call with others.

Austrian Medical Association Objects to Smart Meter Rollout

Austrian Medical AssociationThe Austrian Chamber of Physicians is calling for a reconsideration or suspension of “the planned timetable of the mandatory introduction of ‘smart meters’” in Austria, “pending clarification and solution of open questions.”

“The Austrian Chamber of Physicians strictly rejects another, in this case actually state-mandated, expansion of the electrosmog exposure on the Austrian population.”

“The expected health consequences would be an increase in symptoms and diseases that fall into the category of so-called multi-system diseases. This illness is characterized by involving several organs or functional systems at the same time and in interaction.”

>> Read full article

CKNW/98: Cyber expert David Chalk on smart grid hacking: "100% vulnerability"

April 16, 2012: Hacking is a big concern to David Chalk who speaks to Bill Good on CKNW/98 Vancouver radio. David Chalk, cber security expert, is well known in Canada from his television show about computer technology. The radio show continues with BC Hydro's Southwest Research Institute Consultants.

>> Watch 3-part YouTube Video

David Chalk on Smart Meter Hacking

http://www.citizensforsafetechnology.org/David-Chalk-on-Smart-Meter-Hacking,2,2041

Parts 1, 2 3

American Academy of Environmental Medicine (AAEM) Issue Stern Warning on Biological and Health Effects from Electromagnetic Field Exposures

In its new report, “Electromagnetic and Radiofrequency Fields Effect on Human Health,” AAEM is calling for:

An immediate caution on Smart Meter installation due to potentially harmful RF exposure.

Accommodation for health considerations regarding EMF and RF exposure, including exposure to wireless Smart Meter technology.

Independent studies to further understand the health effects from EMF and RF exposure.

Recognition that electromagnetic hypersensitivity is a growing problem worldwide.

Understanding and control of this electrical environmental bombardment for the protection of society.

Consideration and independent research regarding the quantum effects of EMF and RF on human health.

Use of safer technology, including for Smart Meters, such as hard-wiring, fiber optics or other non-harmful methods of data transmission.

>> View full article

http://aaemonline.org/emf_rf_position.html

Electromagnetic and Radiofrequency Fields Effect on Human Health

Thank you for coming with us on this journey!

In light and freedom,

Josh del Sol

Producer, Take Back Your Power

www.ThePowerFilm.org

josh@thebigpitcher.org

EMF Measures Research Association, Sapporo, Japan

Abstract An increasing number of people worldwide complain that they have become electromagnetic hypersensitive (EHS). We conducted a questionnaire survey of EHS persons in Japan. The aim was to identify electromagnetic fields (EMF) and plausible EMF sources that caused their symptoms. Postal questionnaires were distributed via a self-help group, and 75 participants (95% women) responded. Reported major complaints were "fatigue/tiredness" (85%), "headache", "concentration, memory, and thinking" difficulty (81%, respectively). Seventy-two per cent used some form of complementary/alternative therapy. The most plausible trigger of EHS onset was a mobile phone base station or personal handy-phone system (37%). Sixty-five percent experienced health problems to be due to the radiation from other passengers' mobile phones in trains or buses, and 12% reported that they could not use public transportation at all. Fifty-three percent had a job before the onset, but most had lost their work and/or experienced a decrease in income. Moreover, 85.3% had to take measures to protect themselves from EMF, such as moving to low EMF areas, or buying low EMF electric appliances. EHS persons were suffering not only from their symptoms, but also from economical and social problems.

hey JJ rest of the story is posted on link--tK

http://www.citizensforsafetechnology.org/Reported-functional-impairments-of-electrohypersensitive-Japanese,2,2053

1) VANCOUVER RESIDENTS - note that your Mayor and Council will vote for or against opt out choice (smart meters) and moratorium on May 1st. NOW IS THE TIME to contact your various council members and let them know you want Vancouver to become a Regional Smart Meter Free Zone! (Contact all of them!) ( Note that council is only entertaining this after they have allowed most of Vancouver to already be installed with meters against our will Tami)

 

Last Updated on Thursday, 26 April 2012 15:31
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JP Morgan Derivative Fraud & Arrests? April 19/12 Print E-mail
Wednesday, 18 April 2012 13:26

JP Morgan Derivative Fraud? April 19/12

Market-moving trades by JPMorgan Chase & Co. (JPM) (JPM)’s chief investment office probably will force regulators to seek more detail on banks’ derivatives positions to help them distinguish risk management from speculation.

Bruno Iksil, a London-based trader in the unit, has built derivatives positions linked to corporate credit that are so big he’s moved markets, according to hedge fund managers and dealers. While Joe Evangelisti, a bank spokesman, said yesterday that the trades are part of the firm’s hedging strategy, four market participants said they resemble proprietary bets, or wagers with the lender’s own money.

Executives at New York-based JPMorgan, the biggest U.S. bank with $2.27 trillion of assets (JPM) at year-end, have opposed the so-called Volcker rule that seeks to prevent banks with federal backing from making speculative trades. Details on Iksil’s positions are too sparse for regulators to determine whether they should be permitted, said Frank Partnoy, a former derivatives trader who’s now a law and finance professor at the University of San Diego.

“This could be an almost completely matched, hedged position, or it could be massively risky, and there’s just no way to tell without getting more complete disclosure,” Partnoy, author of “Infectious Greed: How Deceit and Risk Corrupted the Financial Markets” said in a phone interview. “I’m surprised that regulators don’t see this example and cry out for more disclosure and more information about these contracts.”

Bank Regulators

Judith Burns, a Securities and Exchange Commission spokeswoman, declined to comment on whether the agency is looking into the trading. Bryan Hubbard, a spokesman with the Office of the Comptroller of the Currency, which regulates banking at JPMorgan, and the Federal Reserve’s Barbara Hagenbaugh also declined to comment.

The three regulators are among those working on the final version of the Volcker rule.

Regulators are stationed in JPMorgan’s offices and are aware of what the bank is doing, said a person familiar with the company’s thinking, who asked not to be identified because he wasn’t authorized to discuss it.

The results of JPMorgan’s chief investment office “are disclosed in our quarterly earnings reports and are fully transparent,” Evangelisti said in a phone interview.

 

Last Updated on Thursday, 19 April 2012 13:09
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