In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.

J.P. Morgan Shipping

select-fireselect-fire Member Posts: 69,529 ✭✭✭✭
edited July 2019 in General Discussion
I can't hardly believe this



https://markets.businessinsider.com/news/stocks/cocaine-ship-jpmorgan-owns-vessel-seized-by-us-cbp-2019-7-1028340025?fbclid=iwar05d0q4qb475hr-dmkob5zt6qmhzl60hdw1y2sqkmeaxutzlz_aw9dwxds
· Share on FacebookShare on Twitter

Comments

  • bambihunterbambihunter Member Posts: 10,792 ✭✭✭✭
    edited November -1
    Damn, I guess I won't be getting my personal ton of Cocaine that I ordered. :lol::lol:
    Fanatic collector of the 10mm auto.
    · Share on FacebookShare on Twitter
  • fatcat458fatcat458 Member Posts: 436 ✭✭✭
    edited November -1
    0le JP Morgan was a real loyal Yankee during the Civil War. He started off by paying $300 to avoid the Draft into the Union Army... A trick lotsa rich Yankees used during the War... His crowning achievement was getting in cahoots with a buddy at Harpers Ferry Arsenal and buying up 5000 Hall carbines @$3.50 apiece... Then selling them BACK to Uncle Sugar for $22 EACH... All in the same year-1861. Scandal was known as the Hall Rifle Affair... lt seems 0le JP was in shipping even back then... He spent quite a bit of time in London during the War. Rumor has it he owned a few Blockade Runners during that time.. l guess he wanted to Help the South too ;) During the Spanish American War he even ''donated'' his personal yacht to the U.S NAVY.
    At a sizeable profit of course... JP died in ltaly in 1913 touring Europe at time. Some say he was buying up guns/weapons for the next Big 0ne. WW-0ne.

    Fast forward to 2019-JP Morgan is still in the shipping BUSINESS.. l wonder if JP ever paid back the Billions loaned during the Great Recession of 2008/09 :?:
    · Share on FacebookShare on Twitter
  • nmyersnmyers Member Posts: 16,892 ✭✭✭✭
    edited November -1
    As always, the authorities give the street value of a drug seizure. The wholesale cost was a lot less.

    I can't see JPM having anything to do with drugs. Why would they? They got a $12 billion bailout in 2008, with virtually no risk. They'd be stupid to take part in any smuggling, let alone drugs.

    Anyone with access to a shipper can get as many containers as he wants, fill them with drugs, & set up a maritime shipping from anywhere in the world. But, 20 tons is more product than most criminals can put together, let alone receive & distribute. We will never know. Don't ask too many questions.

    Neal
    · Share on FacebookShare on Twitter
  • yoshmysteryoshmyster Member Posts: 22,059 ✭✭✭✭
    edited November -1
    Time to rename them to Just Plain Moron. Also will they try to say they were set up "Delorean" style?
    · Share on FacebookShare on Twitter
  • babunbabun Member Posts: 11,038 ✭✭✭
    edited November -1
    This is the typical container ship that comes into NY/NJ harbors several times a day.
    You really think the owner of one of these ships knows what's in one container????

    ttl_blog15_ship_400x225.jpg
    · Share on FacebookShare on Twitter
Sign In or Register to comment.