US Customs just seized a ship owned by JPMorgan after authorities found $1 billion worth of drugs on it

submitted by magnora7 from (businessinsider.my)

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[–]FormosaOolong 7 insightful - 1 fun7 insightful - 0 fun8 insightful - 1 fun -  (3 children)

Things like this allow me to imagine--just for a moment--that the giant scam the banksterpoliticos have been perpetrating for so long is finally and deliciously unravelling...

ETA: This incident reminds me of what Robert Bernard was describing when he spoke of moving truckloads of US dollars around as part of his Wall Street duties.

[–]Snow 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Things like this allow me to imagine--just for a moment--that the giant scam the banksterpoliticos have been perpetrating for so long is finally and deliciously unravelling...

No, but they are in a great infighting.

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

There is that feel to it, but I imagine that feeling also pervaded every other revolution in history.

It'll probably just give way as the old guard declines and the new guard takes over. Things will probably genuinely improve, though. Until the next revolution decades later after things decay again. Seems to go in cycles.

[–]magnora7[S] 6 insightful - 1 fun6 insightful - 0 fun7 insightful - 1 fun -  (5 children)

This comes just weeks after authorities found more than $1 billion worth of cocaine on a previous vessel in what was one of the largest drug busts in American history.

CPB found 39,525 pounds of cocaine stashed in several containers on the MSC Gayane at the Philadelphia seaport. The street value of the drugs was estimated at about $1.3 billion, making it the largest cocaine seizure by the agency.

That is a lot of cocaine. Holy crap. Owned by JPMorgan Chase. How about that.

[–]Tom_Bombadil 5 insightful - 4 fun5 insightful - 3 fun6 insightful - 4 fun -  (0 children)

Somebody probably found it by accident. I bet they get fired.

[–]HumanBN 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (2 children)

Two vessels with 1b. worth each?

[–]magnora7[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (1 child)

Seems that way, yes.

[–]JasonCarswell 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Pinching the supply? Creating more problems? Manufacturing rarity?

The strategy of tension is getting intense. I can't wait to see how it finally all pops off.

[–]i_cansmellthat 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

New incentive to open a checking account, free coke for new customers.

[–]hennaojisan 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

Noo. Banksters involved with drugs? Well, they do have lots of experience laundering all that cash.

[–]313337 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Anyone have any idea what a ship like this would bring at auction?

[–]JasonCarswell 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Hey, that's my boat. I knew I misplaced it somewhere. I forgot some stuff on it though.