May 1, 2022
BY ELECTRONIC MAIL
Investor Relations
Board of Directors, JPMorgan Chase & Co.
277 Park Avenue
New York, NY 10172-0003
JPMCinvestorrelations@jpmchase.com
Re: JPMorgan Chase Board of Directors ESG Marketplace Manipulation
Dear Board of Directors:
xNY.io - Bank.org recently contacted JPMorgan Chase’s board of directors to communicate our concern(s) that potentially JPMorgan Chase may be engaging in exploitation of more than $100B of ESG asset liabilities, across international regulatory arbitrage structures, while headquartered in Manhattan. Specifically, the duty to promote the success of the company is that a director must act in the way that she considers, in good faith, and would be most likely to promote the success of the company for the benefit of its members as a whole.
Failure by a board to adequately consider ESG-related risks, particularly entity-specific compliance risks such as breach of securities laws, could serve as the basis for liability of individual directors or officers for breach of their fiduciary duties.
Given JPMorgan’s five cout felonies, xNY.io - Bank.org is concerned with your board of director governance in preventing ESG fraud. xNY.io - Bank.org’s assessment of JPMorgan’s board embraces fundamentals including liquidity risk and protecting New York ESG cross border innovation from marketplace manipulation.
According to JPMorgan’s August 2021 Sovereigns and ESG whitepaper, the bank states that governance carries the largest weight of the three ESG pillars across scores, as it is the most empirically relevant for asset prices.
JPMorgan notes that philosophically, the bank views good governance as a foundational pillar for positive ESG developments in other pillars.
Today’s memo follows protocol suggested by the United States of America, in that JPMorgan Chase’s board of directors is responsible to xNY.io - Bank.org’s enterprise and the Department of the Interior, in connection with any action alleging a violation of the Endangered Species Act, by any person (“person” means an individual, corporation, partnership, trust, association, or any other private entity) claiming the benefit of any exemption or permit under the Act, who shall have the burden of proving that the exemption or permit is applicable, or has been granted, and was valid and in force at the time of alleged violation.
xNY.io - Bank.org has made 91 highlights to the Department of Interior’s Endangered Species Act for JPMorgan Chase’s board of directors reference.
xNY.io - Bank.org has reason to believe in the JPMorgan Chase board of directors’ engagement of ESG marketplace manipulation, risking your ESG portfolio’s future at the cost of New York digital asset innovation.
xNY.io - Bank.org references your 2021 Environmental Social and Governance Report, totaling $117B of ESG “development funding” transferred from New York to Caribbean and Eastern European accounts.
xNY.io - Bank.org is concerned of JPMorgan Chase board directors leveraged marketplace manipulation techniques in allocating ESG funds to engage in potential harassment (the term "harassment" means any act of pursuit, torment, or annoyance) of some of the world’s most precious endangered species protected by domestic and international governance.
JPMorgan Chase’s $2.3B ESG “wind farm” facility is characterized by the Washington Post as a potential misuse of ESG assets (and board policies) to fund probable violation(s) of the Marine Mammal Protection Act of 1972.
Looking internationally, xNY.io - Bank.org is concerned of further ESG marketplace manipulation structures, sacrificing endangered species, via JPMorgan Chase’s board directed ESG investments in the Caribbean (your largest ESG investment region). xNY.io - Bank.org signals that JPMorgan’s board of directors is party to the Convention on Nature Protection and Wild Life Preservation in the Western Hemisphere.
Being clear, any violation of the Endangered Species Act, the Marine Mammal Protection Act and/or the Convention on Nature Protection and Wild Life Preservation in the Western Hemisphere … Requires xNY.io - Bank.org to consult JPMorgan Chase board members on ESG allocations that may be in conflict with construction, or other development projects, or other forms of economic activity.
xNY.io - Bank.org asks JPMorgan Chase board directors to return the Secretary of Department of the Interior’s approval, confirming licensing and/or exclusion to the Endangered Species Act, with further authorization of “harassment” pursuant to exemption(s). Including (if available) a similar Environmental Protection Agency permit that is applicable and is valid and in force.
Due to the riskiness of ESG portfolio mismanagement in violation of the Endangered Species Act, ESG marketplace manipulation risk(s) may trigger causal shocks to New York State monetary and regulatory innovation.
According to JPMorgan’s sovereign fund ESG research, “A common complaint about ESG analysis is that data can be difficult to source. Some sovereign data is in fact more readily available than corporate data given the multitude of multinational organizations and NGOs – including the World Bank, the IMF and the United Nations.”
The European Central Bank provides support to the eurozone sovereign debt market but has more restrictions on what and how much it can buy, so eurozone bonds can trade with more credit risk premium compared to other major developed market bonds.
Whatever the case may be, JPMorgan disclosures detail significant concern of lapse in board governance and ESG portfolio risk with potential violation of the Endangered Species Act, risking ESG portfolio default(s) in Europe and the United States risking ESG customer financial abuse.
Forbes recently profiles JPMorgan Chase ESG investments as problematic, highlighting that your board of directors potentially are allocating ESG proceeds in competition with human rights at the expense of customers’ best interests while investing heavily in fossil fuels. A letter to JPMorgan Chase’s board of directors from ESG scholars (including, The Sierra Club, Public Citizen, Greenpeace, Amazon Watch, Revolving Door Project, Rainforest Action Network and the Center for International Environmental Law) suggests the bank would “...lock us into energy sources that are overly expensive and subject to wild price swings, and that exacerbate rather than ease global conflict.”
xNY.io - Bank.org aims to protect ESG digital asset innovation and JPMorgan’s board should understand your proprietary ESG scoring matrix should signal seismic marketplace manipulation risk if directors are in potential violation of any Endangered Species Act covenant.
Head of Europe, Middle East, and Africa (EMEA) distribution at JP Morgan Asset Management says, “In Europe, we do not have a semi-transparent product – like the US and Australia – which would add further complexity to the trading. For example, the US has several models which make it harder for the AP to guess what the actual fund looks like and therefore the costs might be higher accordingly.”
Given, JPMorgan may potentially be in breach of United States Endangered Species Act provisions, similar risk of ESG asset failure(s) may include Europe, Middle East, Africa and Australia international law, as ratified by the Convention on International Trade in Endangered Species of Wild Fauna and Flora.
While directors and officers are likely to be particularly focused on the risk that they may be found personally liable for a breach of their duties, proper ESG compliance with fiduciary obligations requires acting to a higher standard. Given the defenses available to fiduciaries, and the difficulty in bringing claims for breach of fiduciary duty, a director or officer found to be liable for such ESG breaches will generally have acted egregiously. This ‘sliding scale’ of the standards to which directors and officers should adhere.
Following the Endangered Species Act, xNY.io - Bank.org kindly petitions JPMorgan’s board of directors, in connection with all ESG investments, claiming the benefit of any exemption or permit under the United States Department of the Interior’s Endangered Species Act … Shall have the burden of proving that an exemption or permit is applicable, or has been granted, and is valid and in force.
At JPMorgan’s earliest convenience (within 60 days of receipt of this memo) xNY.io - Bank.org kindly requests a certified copy of JPMorgan Chase’s approval by the Department of the Interior, being a license and/or exclusion to the Endangered Species Act and/or the Marine Mammal Protection Act.
JPMorgan Chase suggests a commitment to anti-corruption compliance is central to the success of its business. Your board of directors stand to maintain that trust by promoting a corporate culture that encourages ethical business practices and compliance with both the letter and the spirit of the laws of the countries in which the JPMorgan conducts business.
xNY.io - Bank.org’s research guidance from the United States Securities and Exchange Commision, supports the international community in taking actions to address ESG issues on a global basis, and those actions that can have a material impact on companies.
Future correspondence concerning ESG innovation is at your board’s leisure.
Respectfully yours with appreciation,
Gunnar Larson | xNY.io - Bank.org, PBC
MSc - Digital Currency
MBA - Entrepreneurship and Innovation (ip)
G@xNY.io +1-646-454-9107
Goldman Sachs:Is Goldman Sachs a potential negligent terrorist organization?
- xNY.io - Bank.org demands a response from Goldman Sachs confirming your firm is innocent of possible terrorism actions across your Investment Bank.
- xNY.io - Bank.org demands Goldman Sachs' answer by 12:00pm EST, Monday, March 17, 2025.
xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.Thank you,Gunnar Larson--Gunnar Donald Arthur Peter LarsonxNY.io - Bank.org646-554-7514---------- Forwarded message ---------
From: Laura Peavey <lpeavey@fsforum.com>
Date: Thu, Mar 13, 2025, 1:31 PM
Subject: Forum Applauds Senate Banking Committee Passage of Financial Integrity and Regulation Management Act
To: Gunnar Larson <G@xny.io>
The FIRM Act is an important step to ensure bank supervision is based on objective measures of financial and material risk.
Forum Applauds Senate Banking Committee Passage of Financial Integrity and Regulation Management Act
Washington, D.C. – Financial Services Forum President and CEO Kevin Fromer issued the following statement after the Senate Banking Committee voted today to advance the Financial Integrity and Regulation Management (FIRM) Act to remove reputational risk as a measure used by federal banking agencies to supervise financial institutions:
“We appreciate the Senate Banking Committee’s action to advance common sense legislation to provide greater clarity and create a more stable regulatory environment. The FIRM Act is an important first step to ensure bank supervision is rooted in objective measures of financial and material risk. We look forward to continuing to work with the committee to identify solutions that allow America’s leading banks to continue to provide the products and services their customers rely on."
The Financial Services Forum is an economic policy and advocacy organization whose members are the eight largest and most diversified financial institutions headquartered in the United States. The Forum promotes policies that support savings and investment, financial inclusion, deep and liquid capital markets, a competitive global marketplace, and a sound financial system.
On Thu, Mar 13, 2025, 8:54 AM Gunnar Larson <g@xny.io> wrote:Goldman Sachs:Today xNY.io - Bank.org is 'doubling down' on potential fraud committed against xNY.io - Bank.org, allegedly committed by Goldman Sachs' Board.xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.Crypto CEO Linked To Jack Abramoff Convicted Of Fraud
A California federal jury on Wednesday convicted a cryptocurrency company founder of fraud and money laundering over allegations he stole more than $10 million from tens of thousands of investors in a scheme that involved disgraced ex-lobbyist Jack Abramoff.
Capital One Nearly Bought Frank For $125M, Javice Jury Told
By Stewart Bishop
A Capital One investment banker told a New York federal jury on Wednesday that the lender was eyeing student financial aid startup Frank for a potential $125 million acquisition before backing out, $50 million less than what JPMorgan Chase & Co. ultimately paid for the company, the result of what prosecutors say was a scheme to fraudulently induce JPMorgan to make the purchase.
Thank you,Gunnar Larson--Gunnar Donald Arthur Peter LarsonxNY.io - Bank.org646-554-7514On Thu, Mar 13, 2025, 6:51 AM Gunnar Larson <g@xny.io> wrote:Goldman Sachs:Is Goldman Sachs a potential negligent terrorist organization?
- xNY.io - Bank.org demands a response from Goldman Sachs confirming your firm is innocent of possible terrorism actions across your Investment Bank.
- xNY.io - Bank.org demands Goldman Sachs' answer by 5:00pm EST today, Thursday, March 13, 2025.
Binance Asks Judge To Rethink Upholding Terror Victims' Suit
By Katryna Perera
Cryptocurrency exchange Binance and its former CEO Changpeng Zhao have asked a New York federal judge to reconsider his ruling allowing a bulk of claims from a group of Hamas attack survivors to move forward, arguing that the survivors do not allege that Binance had a "close nexus" to the terrorist groups that allegedly used its platforms.
Memorandum attached | Read full article » | Save to favorites »
Luxottica Drops Appeal On ERISA Suit's Arbitrability
By Grace Elletson
Luxottica shuttered its appeal of a New York federal judge's order that the company could not compel arbitration of a worker's representative claims that it violated federal benefits law by using outdated mortality data to calculate pensions benefits.
2 documents attached | Read full article » | Save to favorites »
xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.Thank you,Gunnar Larson--Gunnar Donald Arthur Peter LarsonxNY.io - Bank.org646-554-7514On Thu, Mar 13, 2025, 6:32 AM Gunnar Larson <g@xny.io> wrote:Goldman Sachs:Are you prepared to handle your potential involvement with the Los Angeles fires?xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.Insurance Pros Urge Calif. Lawmakers To Address Fire Risks
By Eli Flesch
Insurance experts in a committee hearing that largely summed up concerns following the Los Angeles fires urged California lawmakers on Wednesday to address rising physical risks, smoke damage complaints, and regulations meant to expand coverage access.
Thank you,Gunnar Larson--Gunnar Donald Arthur Peter LarsonxNY.io - Bank.org646-554-7514On Wed, Mar 12, 2025, 10:17 AM Gunnar Larson <g@xny.io> wrote:Goldman Sachs:Working with NYDFS, Goldman Sachs' CEO may have efforted to obstruct justice while under a Deferred Prosecution Agreement; While allegedly abusing xNY.io - Bank.org's business enterprise.xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.Goldstein Wants Look At Testimony On Alleged Obstruction
By Elliot Weld
U.S. Supreme Court lawyer and SCOTUSblog publisher Tom Goldstein asked a Maryland federal judge to let him see grand jury material related to the government's claim that he offered to pay a potential witness cryptocurrency in his tax evasion case.
Thank you,Gunnar Larson--Gunnar Donald Arthur Peter LarsonxNY.io - Bank.org646-554-7514On Wed, Mar 12, 2025, 9:20 AM Gunnar Larson <g@xny.io> wrote:Goldman Sachs:Your board's intent to potentially defame xNY.io - Bank.org will not be tolerated.xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.Staley Denies Knowledge Of Epstein's 'Monstrous Activities'
By Sophia Dourou
Jes Staley told a tribunal on Tuesday that he would not have maintained a relationship with Jeffrey Epstein if he had known about the disgraced financier's "monstrous" activities.
Thank you,Gunnar Larson--Gunnar Donald Arthur Peter LarsonxNY.io - Bank.org646-554-7514On Fri, Feb 28, 2025, 2:03 PM Gunnar Larson <g@xny.io> wrote:Goldman Sachs:JPMorgan is a large Goldman Sachs shareholder.
- xNY.io - Bank.org is concerned that Goldman Sachs made efforts to defraud xNY.io - Bank.org while leveraging Goldman Sachs' relationship with JPMorgan.
JPMorgan Paying For Lawyers On Both Sides Of Javice Trial
By Pete Brush
JPMorgan Chase, the bank allegedly duped by Frank founder Charlie Javice into paying $175 million for her education startup, is paying legal fees for defense counsel as well as for lawyers representing prosecution witnesses, according to statements in court Wednesday.
Read full article » | Save to favorites »
xNY.io - Bank.org has compiled a list of 19 resources that reference a common link between Goldman Sachs' Deferred Prosecution Agreement and JPMorgan’s successful Deferred Prosecution Agreements.NYDFS Financial Inclusion Research:xNY.io - Bank.org's research on JPMorgan paints a stark image for Goldman Sachs' Board Directors if the firm knowingly made effort to defraud the United States of America AND xNY.io - Bank.org;
- While under active Deferred Prosecution Agreement with the United States of America.
Given the seriousness of the matter:Can Goldman Sachs Board Directors kindly reply back to xNY.io - Bank.org by Monday, March 3, 2025 by 9:00am if Goldman Sachs refutes any of the above claims;
- Any February e-mails xNY.io - Bank.org has sent Goldman Sachs?
xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.Thank you,Gunnar Larson--Gunnar Donald Arthur Peter LarsonxNY.io - Bank.org646-554-7514On Fri, Feb 28, 2025, 1:47 PM Gunnar Larson <g@xny.io> wrote:Goldman Sachs:JPMorgan is a large Goldman Sachs shareholder.
- xNY.io - Bank.org is concerned that Goldman Sachs made efforts to defraud xNY.io - Bank.org while leveraging Goldman Sachs' relationship with JPMorgan.
JPMorgan Paying For Lawyers On Both Sides Of Javice Trial
By Pete Brush
JPMorgan Chase, the bank allegedly duped by Frank founder Charlie Javice into paying $175 million for her education startup, is paying legal fees for defense counsel as well as for lawyers representing prosecution witnesses, according to statements in court Wednesday.
Read full article » | Save to favorites »
xNY.io - Bank.org has compiled a list of 19 resources that reference a common link between Goldman Sachs' Deferred Prosecution Agreement and JPMorgan’s successful Deferred Prosecution Agreements.NYDFS Financial Inclusion Research:xNY.io - Bank.org's research on JPMorgan paints a stark image for Goldman Sachs' Board Directors if the firm knowingly made effort to defraud the United States of America AND xNY.io - Bank.org;
- While under active Deferred Prosecution Agreement with the United States of America.
Given the seriousness of the matter:Can Goldman Sachs Board Directors kindly reply back to xNY.io - Bank.org by Monday, March 3, 2025 by 9:00am if Goldman Sachs refutes any of the above claims;
- Any February e-mails xNY.io - Bank.org has sent Goldman Sachs?
xNY.io - Bank.org respectfully reserves all Interjurisdictional rights.Thank you,Gunnar Larson--Gunnar Donald Arthur Peter LarsonxNY.io - Bank.org646-554-7514On Wed, Feb 26, 2025, 8:53 AM Gunnar Larson <g@xny.io> wrote:Goldman Sachs:Will Goldman Sachs' Board Directors submit the Board to an audit of the Deferred Agreement’s mandates?
- xNY.io - Bank.org confirms, Goldman Sachs' Deferred Prosecution Agreement holds certain employee, customer and vendor data requirements.
GreenSky Loan Class Action Certified In Calif. Court
By Katryna Perera
A California federal judge has granted class certification to consumers suing GreenSky Inc. over alleged unlawful loan transaction fees, finding that expert analysis showed merchants likely passed these fees onto borrowers, but also granted summary judgment to the lending company on claims related to performance fees over the lack of evidence that consumers had to pay them.
