Secure Da Bag
Veteran
I don't think they wanted to give it away. Connect bank would have been too obvious.
US Customs just seized a ship owned by JPMorgan with $1 billion worth of drugs
- Thread starter altruicsense
- Start date
I don't think they wanted to give it away. Connect bank would have been too obvious.
ill
Superstar
This is the third ship owned by this company that had kilos and tons on it
Drug seizures do literally nothing to deter drug use or sales 
shyt is a perfectly competitive market, just like Milton Friedman loved
shyt is a perfectly competitive market, just like Milton Friedman loved
Dorian Breh
Veteran
If you look at the Caccit thread it's all people talking about how JP Morgan doesn't actually own the boats and have no responsibility for this.
Somehow when something like this happens the cac majority will conclude this was no one's fault and part of the game
Somehow when something like this happens the cac majority will conclude this was no one's fault and part of the game
Secure Da Bag
Veteran
Drug seizures do literally nothing to deter drug use or sales
shyt is a perfectly competitive market, just like Milton Friedman loved
Especially if it the government is using it to leverage the free market.
Likely this was politco-Narcos pooling a shipment, groups like CJNG and Sinaloa networks would never risk that much work on one shipment. The cost price is in the tens of millions. They don't have it to lose. It's not like people think. But, in places like Venezuela, where the corruption is even deeper, there is really no line between narcos and gobiernoros with deep pockets and slush funds.
Duirng the Chapo Guzman trial, there was testimony about a meeting 10 years or more, about a Pemex tanker loaded with 100 tons, or something like that, but it was only partially involved Chapo and Mayo, the rest were politicos.
I wouldn't read too much into who owned the ship, the investigation has already revealed the ships captain and crew were bribed at various ports to take the extra cargo, which was loaded on while at sea, from smaller boats. It's like saying drug deal took place in hotel owned by Berkshire Hathaway or something.
The product was also Europe bound, making it even more profitable. Majority of the cocaine, in US, like 90% plus comes through the SW border in personally owned vehicles or commercial trucks.
Duirng the Chapo Guzman trial, there was testimony about a meeting 10 years or more, about a Pemex tanker loaded with 100 tons, or something like that, but it was only partially involved Chapo and Mayo, the rest were politicos.
I wouldn't read too much into who owned the ship, the investigation has already revealed the ships captain and crew were bribed at various ports to take the extra cargo, which was loaded on while at sea, from smaller boats. It's like saying drug deal took place in hotel owned by Berkshire Hathaway or something.
The product was also Europe bound, making it even more profitable. Majority of the cocaine, in US, like 90% plus comes through the SW border in personally owned vehicles or commercial trucks.
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Secure Da Bag
Veteran
Chase bank from pushing slaves to pushing coke
Well shyt. They were letting everyone know what they were about.
Gonna be a drought 
Up, the economy is gonna explode, it's value is too strong against most of the currencies on this planet. It's price won't shot off until mass adoption tho, but these are the times where it's getting utilized and sorted out behind the scenes till everyone has their bags in placeWhy? You think Biden pushing Coke-to-Crack laws to 100-to-1 was an accident?
Bernie Sanders wanted to make the U.S. the new Norway. Jamie Dimon is gonna turn us into the new Portugal.
Big Bank and Big Pharma some the coldest in the game.I wonder which way Bitcoin is gonna go.
yseJ
Empire strikes back
ship was owned by jp morgan assets management, which is just one of tons of investments they do...headline is misleading in thinking jp morgan somehow covered or will be indicted in this...a landlord leasing his house that his renters turn into a meth lab without him knowing, isnt liable.
1bn in coke caught & their stock barely hits a bumb???
This is america
This is america
fukked up is that Portugal decriminalizing probably saved their country from going under like GreeceWhy? You think Biden pushing Coke-to-Crack laws to 100-to-1 was an accident?
Bernie Sanders wanted to make the U.S. the new Norway. Jamie Dimon is gonna turn us into the new Portugal.
Big Bank and Big Pharma some the coldest in the game.
