Gwizz Posted January 7, 2009 Share Posted January 7, 2009 When the trade center went down, 2000 Billion in Treasury Bills were lost at JP Morgan. They were stored in one of the towers.Later I wondered why JP Morgan was not bailed out when other companies were. It seems those Treasury Bills have been counterfeited by the very ones in control of the bailout. They not only printed more money but also reprinted those T-Bills.There is more to the story that I don't completely understand. One rumor has it that the US Government could default on the T-Bills even though they guarantee them. It seems the tax payers don't have enough money to honor the guarantee. Now I wonder who's pocket those JP Morgan T-Bills really went into? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.