Thursday, May 17, 2012

Where's The Beef . . . er . . . 2 Million?

There once was a bank named Chase.  The full name of said bank is J.P. Morgan/Stanley Chase, which is run by none other than a man named James Dimon who is it's CEO.  


Isn't it funny that last week suddenly the news hit the airwaves that Chase had lost two million dollars last month!  Now two million dollars is not an amount of money to sneeze at, by any stretch of the imagination.  Most of us will never see that amount of money in our lifetimes, especially with this economy!


How did Chase manage to lose two million dollars?  Supposedly, according to the CEO and Grand Poohbah of Chase (James Dimon - who sounds like Elmer Fudd/Harry Reid, bye the way), the money was lost because of bad investments.  That means they took investors and customers money and went gambling on bad stock like they were at the Los Vegas casinos.  Or, spent like drunken sailors. . . . .


We, the unwashed and uninformed public were supposed to be satisfied with that piffle .  . . . . .


However, in a little known news report on Monday 05/14/2012 (which I only heard once - possibly hushed up) some think tank had did a financial survey on the Obama's family finances to see how much The Obama's donated to charity, but they found this bit of interesting information instead.  The Obama's have half of their money invested in mutual funds.  Where is the other half invested?  In none other than J.P. Morgan/Stanley Chase!  


Now, here is a simple arithmetic lesson.  One plus one equals two.  


Remember former New Jersey Governor Corzine?  He started a company named M.F. Global.  Within a year the company went belly up, and three million dollars went missing.  Of course, Corzine who was the CEO of said company (I just can't get over that company name - M.F. Global),  swore he hadn't a clue where the three million went. . . . . .


Later it was found out, and hushed up, that Corzine (a huge Obama flunky) had donated that money to the Obama champagne.   I believe investors are still in court suing for their money back.


In my scathing opinion, the same thing happened with Chase.  I bet if we looked deeper into James Dimon's background, we'll find that he is also an Obama flunky. As a result, with a couple of clicks of a computer mouse, the missing two million wound up in The Obama's account aka Obama's November 2012 Champagne Treasure Chest.  


Sad to say, investors can sue all they want, but they're never going to see a red cent of that money again.  It is gone!


I rest my case. . . . . . . .