Comment Text:
It is a well known fact to the investment community that approximately 1.2-1.6 billion dollars of MF Global segregated customer account money somehow ended up in the hands of JP Morgan. This is totally unacceptable. The loss of confidence in the investment sector cannot be quantified.
It is a well know fact that on multiple occasions and by multiple persons, outright manipulation of the futures exchange has occurred with regards to Gold and Silver resulting in tangible and substantial losses on the part of private investors. While many financial institutions are involved in this current and ongoing fiasco, JP Morgan is the predominate player and continues to do so without fear of reprisal.
Please utilize the substantial tools available to your office and put an immediate stop to this highly illegal and damaging enterprise.
Thank you,
Richard Sanderson
