J P MORGAN CHASE
To make such massive profit in this depressed global economy implies that JPMC knew where to invest, and in David Rockefeller JPMC has the tool to advise on where to invest.
Several other banks all closely linked to Bilderberg will soon report similar profits, after their competitors had collapsed in the crisis leading to lack of competition. The crisis was engineered by JPMC who were the creators and masters of the derivatives that brought the global economy to its knees for the benefit of the Bilderberg banks.
JPMorgan Chase, the Wall Street group, kicked off the bank reporting season by posting a near-fivefold increase in fourth-quarter profits to $3.28 billion (£2 billion), but acknowledged that its results “fell short” of the firm’s potential.
Barely a year after the US Government bailed out the financial institutions amid the worst economic crisis in decades, the global banking conglomerate reported full-year profits of $11.7 billion, or $2.26 a share, on record revenue of $108.6 billion.