New York (CNN Business)US authorities in Philadelphia seized a cargo vessel in June with nearly 20 tons of cocaine on board. The ship, as it turns out, is owned by a fund run by banking giant JPMorgan Chase.
A source close to the situation said on Wednesday that the ship, the MSC Gayane, is part of a transportation strategy fund run for the bank's asset management unit.
That means JPMorgan Chase (JPM) does not have any operational control of the vessel, a Liberian-flagged ship that is run by the Swiss-based Mediterranean Shipping Company. The bank had no comment.
Law enforcement agents boarded the MSC Gayane on June 17 and found the cocaine, which is said to have a street value of about $1.3 billion.
https://www.cnn.com/2019/07/10/business ... index.html
Just once, let me find 20 tons of blow. I'll have every hooker on earth working for me.
20 tons of coke!
Moderator: Jesus H Christ
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Kierland
Re: 20 tons of coke!
He made a comment therefore it’s not a 42 you stupid racist POS.
You just got owned by the dumbest poster on the board.
You just got owned by the dumbest poster on the board.