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submitted 5 years ago* (last edited 5 years ago) by dirtfindr@lemmy.ml to c/censorship_reddit@lemmy.ml

This graphic (linked by the title) was censored in r/Brussels. The moderator alleges that wrongdoing of Argenta bank is irrelevant to r/Brussels. It's a bogus claim because Argenta has several branches in Brussels. This moderator has a history of generally opposing activism, yet fails to create a rule against politics or activism. So he's enforcing rules that do not exist to control the dialog and bias the narrative to fit into his world views.

In that thread, a number of posts were removed, all civil and answering questions.

In response to this post, I wrote:

I assume the source you're after is the Argenta-JPM ties. It's in the fine print of their pension plans, and also here:

https://www.argenta.be/content/dam/argenta/documenten/beleggen/fondsen/arvestar/Subcustodians%20overzicht.pdf

Argenta does not give pensioners a choice of investments. Opening a pension account at Argenta automatically entails opening it at JP Morgan with no way to opt-out. Investors should be informed where their money goes.

If you need a source on any other relationship in the chart let me know. It's all easy to find public info.

In response to this post, I wrote:

The chart is my own original work. This thread is the first publication of it. So far it's the sole publication of it. I created that after reading these articles:

I already knew some of the data so let me know if you need a source for anything specifically not covered by those articles and i'll dig it up.

In response to this post, I wrote:

Argenta has several branches in Brussels.

In response to this post, I wrote:

You mean, how JP Morgan contributes to family separation?

I mean Argenta Bank contributes to family separation by way of all entities in the supply chain, including JP Morgan.

Most banks have services that are dependent on JP Morgan directly for example for cross border payment) or for example with settlement of financial products.

Apart from the bandwagon fallacy (one bank's evil justifies another), most banks give investors an election on where to direct funding. Argenta does not. Argenta's CEO has JP Morgan ties and Argenta also buries JPMs involvement in fine print that only the most diligent pensioners bother to read.

It's also unclear why you would consider Argenta's voluntary participation in JP Morgan investments somehow justified by JP Morgan's SWIFT membership for cross-border payments. There are 6 US banks capable of IBAN transfers, and it's the recipients of those transfers who control that. Of course it makes no sense to hold banks accountable for transactions outside of their control.


All of the replies above were censored by u/octave1. I believe they were civil and relatively unemotional.

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this post was submitted on 13 Nov 2019
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Censorship on Reddit

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Observatory of content that was censored on Reddit. Copy your posts that were censored in Reddit here. We can then collectively analyze whether the post was civil, whether it broke rules, and get an idea of the impact of Reddit censorship. We can also discuss the societal impact of Reddit's style of silent & blind censorship, such that authors often does not even know they were censored.

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