JPMorgan Probed Over Potential Power-Market Manipulation!

• JP Morgue and Goldman Sucks are Illuminist banks owned by the 13 Satanic bloodlines! They are the major shareholders of the FedRes and other privately owned central banks. These Illuminist banksters own the governments of the western world.
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  JPMorgan Probed Over Potential Power-Market Manipulation! 
  By Katarzyna Klimasinska and Dawn Kopecki, http://www.bloomberg.com/
  JPMorgan Chase & Co. (JPM)’s refusal to turn over e-mails in a federal probe of potential energy-market manipulation is the latest challenge for Chief Executive OfficerJamie Dimon as the bank faces multiple investigations.
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  The U.S. Federal Energy Regulatory Commission sued JPMorgan July 2 to release 25 e-mails in an investigation of possible manipulation of power markets in California and the Midwest by J.P. Morgan Ventures Energy Corp., according to court filings by the Washington-based agency. FERC opened the probe in August after complaints from California and Midwest grid operators that JPMorgan’s bidding practices were abusive, the documents show.
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  “He’s got a PR nightmare in front of him,” said Paul Miller, a former examiner for the Federal Reserve Bank of Philadelphia and analyst at FBR Capital Markets in Arlington, Virginia. “It’s another headline risk, which means more regulators, which means over-regulation, which will eventually hit their bottom line.”
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  The largest U.S. bank is struggling to maintain its image as risk-averse and well-managed after reporting a $2 billion loss in a London unit that Dimon said “violated common sense.”Dimon, 56, has said that the loss may grow to $3 billion or more. Analysts including Charles Peabody at Portales Partners LLC in New York estimate it at about $5 billion. The Securities and Exchange Commission and U.S. Justice Department are among agencies investigating the cause of the loss as well as the company’s public disclosures.
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  Libor Probe
  JPMorgan, Citigroup Inc. and Bank of America Corp. may get stung also by an international investigation into an attempt by banks in the U.K. and U.S. to rig the London interbank offered rate, called Libor. London-based Barclays (BARC) Plc was fined 290 million pounds ($455 million) and its top three executives, including CEO Robert Diamond, said they would step down.
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  “There is a heightened possibility of scrutiny after recent events at Barclays,” Mike Mayo, an analyst at CLSA Ltd. in New York, wrote in a July 2 research note. The banks face risks of fines, lawsuits, negative news and new regulations, according to Mayo’s note.
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