General overview:

JPM Financial Guarantee Program

This program is designed to get the investor from $100K to a tier 1 ($100M and up) through a series of loans that are made by the bank against AAA securities, used as collateral, that will be in the investor's name. The investor purchases the guarantees after he has reviewed the contract agreement and has verified the ISIN and CUSIP numbers of the instruments.

This program is done in 4 to 5 rounds of funding depending on how much the investor starts with. The goal is to reach the $500M+ and enter a tier one platform to trade. There is a heavy emphasis on the humanitarian project behind each trade. If you do not have a specified project, we will provide you one.

After you pass compliance, you will be issued an agreement that has the ISIN And CUSIP of the guarantees, the terms and conditions of the program, etc. Once you review everything, you will purchase the guarantee by depositing your $100K in JP Morgan NYC in a joint signatory account wbetween you and the Trader. The coordinates and etails of such will be explained.

The guarantee will be 10 times the amount you plan on starting with. For example, your $100K will get a $1M guarantee. The bank will issue a certain amount of LTV, anywhere from 50% to 90%. For illustration purposes, let's say 80%. So, 7-10 days after you make the purchase/deposit for the guarantee, you will receive the first loan, $800k. Now, can extract your original principal, $100K, and then use the net, which would be considered "house money", to repeat the process onto the second round. So, the second round would see you get a $6-7M guarantee and then another loan against that. Keeping at 80%, that would be $4-5.6 M. With this round, you would pay off the loan from the previous round and use the net to repeat the process yet again. By the 4th or 5th round, you will have a $1-2B guarantee. At this time, the Trader will offer you trading options at the tier one level. As to the exact options and how much goes to the project, you must discuss that with the compliance officer.
Now this program has been set up with a $50B backing. So the usual underwriting and such that a person would go through for a loan is not the same. It is expedited because everything is preset and determined. So, the processing time is more akin to a refinance than a conventional loan.

There is no risk to your funds because you will have the AAA securities backing you and the transaction itself. These securities are not stocks. The exact make up of what they will use can be explained by the compliance officer.

$2.5 M Program

The Minimum $2.5 Program is an agressive, expedited trade program. The basic tenor is that for every $2.5M that the investor trades, the return is $500M. In this program, you would be joint venturing with us. We will provide the humantiarian project. The funds are blocked in your account where they currently reside.You will be
paid out over 13 weeks, but the principal funds are blocked for one year and two weeks. So, if an investor has $10M in his account, he will have four contracts, $2.5M each. And from each contract, he will see a $500M return. The $500M, half goes to the investor and half goes to the project that is nominated at the beginning of the transaction."

..... or am I missing something.

Stage 1.

I start with a deposit of $100K and Morgan advances $800K. The $900K total is used buy an AAA rated guarantee for $1M.

Title to the asset is transferred to me. I withdraw my original deposit. I owe Morgan $800K which is collateralised by the guarantee and I have equity of $200K in the face value of the guarantee.

Stage 2.

Morgan arranges for another AAA rated guarantee to be issued in my name (presumably because it likes me) this time for $7M and subsequently arranges for me to borrow $5.6M against the guarantee. Morgan allows me to use part of the loan I've just borrowed to redeem the $800K advance I drew down in Stage1.

I now owe Morgan $5.6M collateralised by a $7M guarantee and I have unencumbered title to the $1M guarantee purchased in Stage 1 because I've paid off the loan in Stage 1. I now have $2.4M equity in the guarantees.

I won't bother to go on, but can someone tell me when JP Morgan became a charity?

Regards
Luxemburger

How can i get into this program and how long will it be running for.

Earlier post
http://www.network54.com/Forum/27708/thread/1217330687/last-1219591731/PPP of same manny

had have a minimal limit of 10 mln. Now JPM seems to be also in trouble and accepts alreay 100K for start.

I will await untill JP Morgan became to work with 10K for trading program. ))

Perhaps someone should highlight manny's offer to compliance of JP morgan.

Let's see if there are sparks or fireworks.

Will

Instead of 100K, can I put in 100 bucks. It might take a bit longer to get to 500mio, but it surely should still work?!?!?