http://www.smh.com.au/business/world-business/off-limits-but-blessed-by-the-fed-20131228-3005d.html An interesting article, which I unfortunately cannot include a snippet as I am writing this on an iPad. It's originally a NYT article, but even then, unless the whole American population knows the Fed is owned by the major banks, including JPM, it gives a credibility to the Fed leaving an impression that as the regulator it is a government instrumentality. I get the idea that the Fed, JPM and the NYT, are all sitting around, holding hands, while the spin doctors weave tales of corporate responsibility.
