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Dallas jury ordered JPMorgan Chase to pay more than $4 billion in damages for
mishandling the estate of a former American Airlines executive. Jo Hopper and
two stepchildren won a probate court verdict over claims that JPMorgan
mismanaged the administration of the estate of Max Hopper, who was described as
an airline technology innovator by the family’s law firm. The bank, which was
hired by the family in 2010 to independently administer the estate of Hopper,
was found in breach of its fiduciary duties and contract. In total, JP Morgan
Chase was ordered to pay at least $4 billion in punitive damages, approximately
$4.7 million in actual damages, and $5 million in attorney fees. The six-person jury, which
deliberated a little more than four hours starting Monday night and returned
its verdict at approximately 12:15 a.m. Tuesday, found that the bank committed
fraud, breached its fiduciary duty and broke a fee agreement, according to
court papers.
A chart for the current New Moon drawn for Dallas, Texas can
help explain the news. The New Moon is placed in the 4th house [1]
square Saturn, the lord of the 8th [2]. A 4th-8th
connection refers to the property of a dead person. As always we look to
planets and planetary configurations brought to the angles. The
Mercury-Mars-Neptune combination aligned with the meridian can refer to fraud
or deception carried out by agents (Mercury) who work on our behalf. Mercury’s
aspect to Jupiter can further delimit
the nature of the agents – they are advisers, attorneys or lawyers. Jupiter’s
aspect to Neptune can also refer to confidence undermined by a deception or
misplaced trust. So where does Uranus fit into this mix? Here Uranus in Aries refers to the “technology
innovator” whose estate was mismanaged by JPMorgan. And let us remember that Jupiter-Uranus often indicates a stroke of luck or a breakthrough.
At this point, we now look at the stars that form the
backdrop to the New Moon. About these stars Nick Fiorenza writing in his
monthly Lunar Planner says:
Our Benetnash-Javijava
New Moon and this lunar cycle impels us to find our own solutions and
fulfillment rather than acquiescing to the big-business-political paradigm to
provide them. It requires movement from blindly following authoritarian leaders
or self-proclaimed gurus we once were expecting to safely lead us. http://www.lunarplanner.com/
According to the news report, the jury returned its verdict
at approximately 12:15 a.m. Tuesday, September 26. A chart for the event has Mercury-Mars-Neptune aligned with the
meridian repeating the New Moon configuration and confirming its role in the
case. In addition, transit Moon [12sa] squares the Mars-Neptune axis. And
strangely the Sabian symbol for the Moon is A WIDOW!
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