JPMorgan Chase Denies Manipulating California's Electricity Market
Posted by David Icke
'Energy trader JPMorgan Chase & Co. denies charges that it manipulated California's electricity market for extra profit. The Wall Street giant calls itself the victim of strong-arm tactics by state officials – and is demanding that they return millions taken from the firm while the electricity investigation is still pending.
In a legal filing with federal officials Friday, the investment bank said claims that it gamed California's power market are nothing more than "feeble arguments."'
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