When was JP Morgan Chase established?
JPMorgan Chase
JPMorgan Chase, in its current structure, is the result of the combination of several large U.S. banking companies since 1996, including Chase Manhattan Bank, J.P. Morgan & Co., Bank One, Bear Stearns and Washington Mutual. Going back further, its predecessors include major banking firms among which are Chemical Bank, Manufacturers Hanover, First Chicago Bank, National Bank of Detroit, Texas Commerce Bank, Providian Financial and Great Western Bank. The company's oldest predecessor institution, the Bank of the Manhattan Company, was the third oldest banking corporation in the United States, and the 31st oldest bank in the world, having been established on September 1, 1799, by Aaron Burr.
Max Keiser
Keiser has labeled JPMorgan Chase "the biggest financial terrorist on Wall Street" in relation to their alleged manipulation of the price of silver. Keiser created a campaign called "Crash JP Morgan—buy silver", whereby people buy silver bullion, thus raising its price and leaving JP Morgan with a huge short position to cover, the margin of which are collateralized by JPMorgan's own stock price, bankrupting itself. The campaign was introduced on the Alex Jones Radio show in November 2010. Writing in "The Guardian" in December 2010, Keiser suggested that the text "crash jp morgan buy silver" should be used as a googlebomb to virally promote the campaign.