MSM Reporting JP Morgan’s trading loss now stands at $9 Billion

Reporting on this is silly in a way, because it has always been postulated that the “$2 billion” trading debacle that had Jamie Dimon in front of congress might actually be for a much larger, undisclosed amount.

Well, here’s confirmation that those initial reports were true – however it remains to be seen whether even more losses will be uncovered.  As Max Keiser has reported, these banks are simply insolvent and it is only the artificially intelligent trading platforms that are giving the system any semblance of stability.  Undeterred, the cabal continues on as it is now being reported that JP Morgan is down 5% before trading opens as it has been revealed their trading loss has been unwound a bit and now totals 9 Billion!  Interesting development given the greenlight by Drake as well as the report from yesterday detailing a series of “living wills” developed by the biggest banks in case they fail.  Read on for the official piece:

(Reuters) – JPMorgan (JPM.N) (JPM.F) shares fell 5.3 percent in Frankfurt on Thursday after a newspaper reported that losses from a bungled credit derivatives trade could reach $9 billion in a worst-case scenario.

The U.S. bank’s shares in New York are also trading down 5.4 percent in pre-market trading.

The story was “likely disappointing today” for the shares, Evercore Partners said in a research note.

JPMorgan said in May that it had lost $2 billion on the trades, but these losses have mounted in recent weeks as the bank has unwound its positions, the New York Times reported on Thursday, citing people briefed on the situation.

An internal report at the bank projected in April that the losses could reach $8-9 billion, assuming worst-case conditions, the newspaper said.

JPMorgan declined to comment.

(Reporting by Sarah White and Douwe Miedema)

WikiLeaks suspect Bradley Manning wins battle over U.S. Documents

Source: The RAW Story

FORT MEADE, Maryland — A US military judge ordered prosecutors Monday to share more documents with WikiLeaks suspect Bradley Manning after defense lawyers accused them of hiding information that could help their client’s case.

For months, Manning’s defense team has demanded access to reports by government agencies, including the CIA, that assessed the effect of the leak of classified documents to the WikiLeaks website.

Manning is accused of passing on a massive trove of files to WikiLeaks but his lawyers believe the reports will show the alleged disclosures had no major effect on the country’s national security.

Judge Denise Lind ruled that government prosecutors must provide “damage assessment” reports from the CIA, the State Department, the FBI, the Office of the National Counterintelligence Executive (Oncix) and other documents that were relevant for the defense.

The judge, agreeing with a request from Manning’s lawyers, also ordered the prosecution to give a detailed account showing it had met legal obligations to share all pertinent evidence with the defense.

In a statement of “due diligence,” the prosecutors would have to show what documents they had obtained and why any files were not shared with the defense.

The judge imposed a deadline of July 25 on the prosecutors but indicated she would be willing to give the prosecution more time to produce the statement. Defense lawyers would also have a chance to request more time to review any new evidence that was passed on.

Manning’s civilian lawyer, David Coombs, had argued earlier Monday that government prosecutors had displayed a “pattern” of obstruction on document requests that “should cause alarm to the court.”

Activists for Manning who attended the hearing at Fort Meade, northeast of Washington, welcomed the decision.

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Operation Stardust 2 | Portal 2012’s “COBRA”

Portal 2012

Operation Stardust 2

You might want to listen to the excellent last Drake’s interview, especially from 18 to 86 minute mark:

http://www.blogtalkradio.com/global-voice-2012-radio-network/2012/06/20/drakes-mid-week-update

It is obvious at this point that the Cabal as a whole does not want to surrender. The plan of the mass arrests continues. This time of negotiations has not been spent in vain. The Cabal has been given its chance. The generous offer has been refused. This protocol has finally allowed the positive ET forces to start taking some action. According to the Galactic Codex, section IV/2, The Galactic Confederation has an unalienable and unconditional right to the implementation of the Galactic Codex and of conquering the areas of Galactic Codex violation with military force if necessary.

This subsection gives a legal basis for the liberation of the occupied planets with military force.  The military forces of the Confederation remove or give assistance to the local Positive Military in removal of the representatives of the Dark Forces and set the hostages free.

Operation Stardust 2 was carried out by the Pleiadian Fleet from the orbit of planet Earth. Stardust is the codename of a special advanced nanotechnology. It is a dust made of small nanoparticles that were sprayed into the physical bodies of the members of the Cabal and their minions (think “cosmic chemtrails”). This nanodust can not be removed by any technology known on Earth. Its activation has two phases. The first phase blocks the central nervous system immediately and a person can not move. The second phase kills the person. It will be activated at the time of the Event to block members of the Cabal trying to do any harm. In vast majority of cases Phase 1 activation will be sufficient. The purpose of the Operation Stardust is to counteract any negative effects of Doom 33 that the Cabal might want to use at that point. In combination with the Positive Military action, this basically check-mates the power of the Cabal. This technology will NOT be activated before the Event. At the Event, the Positive Military and civilian authority will still need to do their part. The purpose of this operation is to make it easier for them.

If high-ranking members of the Cabal need to have proof that Operation Stardust 2 is real, this proof can be arranged.

I would still suggest them to surrender before the Event takes place or even during the Event itself. Those that surrender and cooperate with the Light forces will be treated with much more forgiveness.

I would also like to stress that most of the members of the Cabal families are not guilty and need healing, not condemnation. As you can read in this brave report:

http://iamstasha.blogspot.com/2012/06/my-dirty-little-secret-im-rockefeller.html

I would encourage other beings in similar position to come forth with their confessions. I will give space in my blog for their expression. This will be healing for many.

As I have said many times, I do not know when the Event will happen. No human being knows, only our Source does.

Yes it can happen in a few days. But no guarantees. I have been given intel years ago that the deadline is April 2012. Now it is June. The only thing I know 100% is that it WILL happen. I will report the events as they unfold.

Ben Fulford June 18, 2012

BenjaminFulford.net

June 18, 2012

As the old cliché goes, sometimes truth is stranger than fiction. Empirical evidence proves the current financial crisis has been caused by an artificial intelligence. This artificial intelligence was born out of a monetary system that was not based in reality but was parasitical on reality.

That is why most trading on today’s financial markets is carried out by computers and not humans. That is why they are trying to remove all human traders from the Chicago Mercantile Exchange. That is why the small human elite still living an astronomically rich life have been promoting the use of killer drones to replace human soldiers who are no longer obeying orders. That is also why so many youth reduced to slavery and drudgery by the elite are escaping into virtual reality.

Well, reality has struck back and dealt a fatal blow to the money matrix known to some as Satan.

As mentioned before, the intense media and even internet coverage of the “financial crisis,” or the “European crisis,” has consistently ignored the elephant in the living room. What has happened is that the people of the planet who make real things in the real world are no longer paying homage to the financial beast that Wall Street and the City of London, together with their Vatican brain-washers and Washington D.C. bully boys have morphed into.

Venus Transit “Return of the Goddess” 2012 – LAST UPDATE

Return of the Goddess – Update

The critical mass for this visualization to have desired effect is about 118,000 people worldwide actually doing it with focus. If we consider that human concentration and meditation skills are not perfect, we need 144,000 people as the critical mass.

 

But to read about it is one thing and actually do the visualization on 6-5-2012 completely another. I would encourage as many people as possible to actually participate, although it may be in the early morning hours in your part of the world.We can do it! It still needs to go viral! We need to reach millions of people, so that the critical mass of people actually doing it is attained. Please post it on your websites and blogs. If you know an alternative media outlet, you can send it to them. You can create a Facebook group for your local group of people doing this in your part of the world. You can create a video about this and post it on Youtube. If you have contact within Occupy movement or Anonymous, they might be interested in spreading this also.

We will all be doing this visualization at the same time, the moment of the Venus transit, which comes this June 5^th /6^st. Exact times for different time zones are:

3:30 pm HAST June5^th (Hawaii)

5:30 pm AKDT June5^th (Alaska)

6:30 pm PDT June5^th (Los Angeles)

7:30 pm MDT June5^th (Denver)

8:30 pm CDT June5^th (Houston)

9.30 pm EDT June5^th (New York)
10:30 pm BRT June5^th (Rio de Janeiro)

2:30 am BST June6^th (London)

3:30 am CEST June6^th (Paris)

3:30 am SAST June6^th (South Africa)

4:30 am EEST June6^th (Bulgaria)

5:30 am MSK June6^th (Moscow)

7:00 am IST June6^th (India)

9:30 am CST June6^th (Beijing)

10:30 am JST June6^th (Tokyo)

11:30 am AEST June6^th (Sydney)

The main Facebook group for this event is here:

http://www.facebook.com/events/412702698762344/

You can also watch the video:

http://www.youtube.com/watch?v=Zu22ovPqKhg

General information and guidelines about Return of the Goddess:

http://2012portal.blogspot.com/2012/05/make-this-viral-return-of-goddess-6-5.html

Watch “Robert Anton Wilson On The Acceleration To 2012”

The Next Step in Disclosure

Head of CSETI and director of the Disclosure Project Dr. Steven Greer has announced a new effort; a non-fiction documentary that brings together decades of research in a single coherent package whose goal it is to explain the truth behind UFOs.  Greer and his crew are working with Amardeep Kaleka, an Emmy award winning director to take the next step in disclosure which will focus not only on disclosing the truth behind UFO’s, but actually using the documentary to raise funds for the development of zero-point/transdimensional energy devices.

If this issue is a little over your head, a good way to get acquainted with the style and intent of Dr. Greer would be the original Disclosure Project film:

I also recommend listening to the 1 hour discussion between Dr. Greer and Armadeep.  I found that the discussion really  illuminated a lot of the reasons why a film of this nature needs independent support from every-day citizens.

  For more information, please visit http://www.sirius.neverendinglight.com

 

The Golden Rule has made its own efforts in disclosure, releasing its first exclusive interview with a top-secret military witness to UFO’s, underground facilities, and classified government briefings.  Click Here for the full report.