This week JP Morgan announced it is exiting the physical commodity trade business amid scrutiny.  See: http://finance.yahoo.com/news/jpmorgan-exit-physical-commodities-business-195443069.html Let’s review the scandals: 1. Banks manipulated Mortgage-backed Securities which led to the 2008 meltdown 2. Banks manipulated the LIBOR rate which sets interest rates worldwide on trillions of dollars of investments 3. Banks manipulate the gold and … Continue reading Manipulation further exposed