Mittwoch, 3. November 2010

Racketeering (von engl. Racket, deutsch etwa illegales Geschäft, Gaunerei)

Sieh an, sieh an...Es gibt mehr Details zur Klage gegen JPM Morgan und die HSBC in Sachen "Silbermanipulation":

"JP Morgan Chase & Co. (NYSE: JPM) and HSBC Securities Inc. (NYSE: HBC) face charges of manipulating the market for silver futures and options in violation of federal commodities and racketeering laws, according to a new lawsuit filed Tuesday in the U.S. District Court for the Southern District of New York.
The suit – which alleges violation of the Commmodity Exchange Act and the Racketeering Influenced and Corrupt Organizations (RICO) Act – alleges that the two banks colluded to manipulate thhe market for silver futures starting in the first half of 2008 by amassing huge short positions in silver futures contracts they had no intent to fill, but did so to force silver prices down to their benefit

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