US prepares for chaos - Obama's Emergency Executive Order on Resources 16/3/12 & JPM
Signs of growing economic stress were also available last night with this whistle blower's letter regarding JP Morgan, linked here. A quote:
It is rather surprising that what should be well known liabilities on our balance sheet have not erupted into wider scale scrutinization. I call all honest and courageous JPMorgan employees to step up and fight the cronyism and wide-scale manipulation by reporting the truth. We are only helping reality come to light therefore allowing a real valuation of our banking industry which will give investors a chance to properly adjust without being totally wiped out.