From time to time, don’t you wish you could step into the mind of someone like Blythe Masters to see what she really thinks.  OK, you can stop getting “the creeps” now.  But seriously, this woman knowingly  lied to CNBC last April, stating “JPM’s commodities business is not about betting on commodity prices but about assisting clients.“  Now that her energy market operations have come under fire, she has a wee-bit more than just a public relations problem.
Nevertheless, the Dominatrix of the silver market will likely sail off with the divisions JP Morgan sells, while JP Morgan will pay fines as a cost of doing business.
Meanwhile, with her eventual JPM departure and the statute of limitations on the CFTC’s silver investigation set to run out at five years, the mega scandal that should have been on the headlines years ago – silver manipulation in service of capping gold, suppressing interest rates and buying years of extra life for the reserve status of the U.S. dollar – fades down the memory hole.

 

TND Media Context Review / By Eric Dubin /

The ironic part of CNBC’s coverage about this story is not what JP Morgan is doing with their physical commodities business, but that no one in the media seems to be asking why scandals like the energy trading mess are resulting in fines, not jail terms.

Newsflash:  JPM will find a buyer, and Blythe will sail off into the sunset and settle at a new home.  Yawn…

Meanwhile, with her eventual JPM departure and the statute of limitations on the CFTC’s silver investigation set to run out at five years, the mega scandal that should have been on the headlines years ago – silver manipulation in service of capping gold, suppresing interest rates and buying years of extra life for the reserve status of the U.S. dollar – fades down the memory hole.

It’s business as usual, folks.  While it’s somewhat reasonable for Zero Hedge to pay a compliment to CNBC for their April interview of Blythe, don’t bend over backwards, Tyler.  The view isn’t pretty, nor CNBC deserving of true praise for any attempt at a true investigation of the manipulation of the gold and silver markets.  The facts are all there, ready for any U.S. media outlet with testicular fortitude.  Alas, the mainstream media are all castratos now, singing from the propaganda songbook.
Junk Sale 2

  1. full disclosure, I’d love to beat blythe masters with a bag of 90%.
     
    I’d like to page that little sh1t purplesky to this thread, he referred to a quasi apotheosis of blythe masters which is absolultely farcical. The bitch is a criminal who should be hung in the nearest school gymnasium like the rest of them.

    • I just read that whole thread, and purplesky is clearly a paid troll. Not a very good one either.
       
      Anyone saying he’s just offering a “different point of view” has their head in the sand.

  2. “But seriously, this woman knowingly  lied to CNBC last April, stating “JPM’s commodities business is not about betting on commodity prices but about assisting clients.“”
     
    As it happened, I was watching CNBC at the time of that “interview” (staged proclamation event would be closer to the truth) and burst out laughing when this line was delivered.  It was well polished, so obviously some time had been spent orating before a mirror to make sure that she pulled it off correctly.  Neither Sue Herrera nor Sharon Epperson thought to challenge the veracity of this ludicrous comment.  This was one of the CNBC special softball interviews.  I daresay that if Rick Santelli had run that interview, it would have been a MUCH tougher game… the one we usually call “hardball”.  ;-)
     
    Anyone who missed this propaganda fest can find it here:  http://www.youtube.com/watch?v=gc9Me4qFZYo&feature=player_detailpage
     
    Look to the 2.0 minute mark for the BS to gush forth.
     
    “Alas, the mainstream media are all castratos now, singing from the propaganda songbook.”
     
    Indeed so… castrati, perhaps?  And definitely voiced via the Lame Stream Media.  lol
     

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