Bank · Barack Obama · Economy · JP Morgan · LIBOR · Rothschild · Supreme Court

U.S. Supreme Court Allows Antitrust Lawsuits To Move Against JP Morgan Chase, Citigroup, & Bank Of America

The U.S. Supreme Court turned away an appeal by Bank of America Corp., Citigroup Inc. and JP Morgan Chase & Co., refusing to stop antitrust lawsuits that accuse some of the world’s largest banks of conspiring to rig Libor. The banks sought review of a decision that said the suing investors had adequately claimed they… Continue reading U.S. Supreme Court Allows Antitrust Lawsuits To Move Against JP Morgan Chase, Citigroup, & Bank Of America

Economy · Oil

Oil Is About To Soar!

Last night, when laying out Bank of America's case on how much higher this "one final meltup" can push Wall Street, we observed a topic that has gained particular prevalence in recent weeks: following the latest snapback from its September lows, instead of comparisons to 2007, the latest fad is to compare equity index chart… Continue reading Oil Is About To Soar!