Oh really? There's a surprise... Is that why JPM's been buying pm's for the last 6 mths whilst unwinding their silver shorts to go long? (!) Y'dont say? Futhamuckers. (Wiki: As required by the 1933 GlassSteagall Act, the "House of Morgan" became three entities: J.P. Morgan & Co., which later became Morgan Guaranty Trust; Morgan Stanley, an investment house; and Morgan Grenfell in London, an overseas securities house.)
