Sunday, January 29, 2012
With CFTC position limits pending on the horizon, is The Morgue's Blythe Masters leaving the sinking ship of JP Morgan?
Monday's A.M. City reports that Blythe Masters is leaving JP Morgan to take over as the Head of Rates and Commodities at Deutsche Bank.
Is Blythe Fleeing
The Morgue's Sinking Ship?
The Global Financial Markets Association has announced that Blythe Masters, head of global commodities at JP Morgan Chase, will take over as chair from Michele Faissola, global head of rates and commodities at Deutsche Bank, on 1 February.
Read more
Apparently the inventor of derivatives and the credit default swap has no intention of being Jamie Dimon's scapegoat when JP Morgan goes down over JPM's 85 million ounce naked silver short position or $75 Trillion in interest rate swaps likely to detonate in a domino like reaction with the default of Greece/ Spain/ Portugal, and Italy.
We're sure SilverDoctors' readers will definitely want to visit Blythe's personal blog one last time to wish her well in her future endeavors at Deutsche, and thank her for the massive gold and silver discounts we have enjoyed over the past few years.
Reports indicate that JP Morgan has hired Colin Fenton to replace Blythe as head of Commodities at JP Morgan, who is- wouldn't you know it- a Goldman Sachs Alum. That's right, the same Colin Fenton of JPM who called for $2,500 gold by the end of 2011- in August, at almost the exact top near $1900. Looks like Mr. Dimon was rather impressed with that fleecing of the sheople.
http://silverdoctors.blogspot.com/2012/01/breaking-news-blythe-masters-leaving.html
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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