|
|
balducci Loyal user Canada 227 Posts |
Those Wall Street bankers. Smart guys that they are, they don't need no stinking regulation.
Late breaking news of the day ... http://www.thestreet.com/story/11530268/......en=YAHOO "Market Preview: Look Out Below!" "JPMorgan Chase(JPM) and its fortress balance sheet are recording a very real $2 billion loss because of a "flawed, complex, poorly reviewed" trade in its synthetic credit portfolio, and shares of the Dow component were being taken to the woodshed in Thursday's extended session, plunging nearly 7% at last check." http://www.marketwatch.com/story/jp-morg......d=yhoof2 "J.P. Morgan is Exhibit A for Volcker Rule need - Commentary: Volcker Rule might not even be strong enough" Tomorrow could be fun.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
|
Woland Special user 680 Posts |
Is $2 billion a lot of money? The Federal government owes 15 trillion.
|
LobowolfXXX Inner circle La Famiglia 1196 Posts |
I'd be happy just to get my student loans paid off.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
tommy Eternal Order Devil's Island 16544 Posts |
JP Down 9% but gold is doing no good either lately, about 1580 today
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
The Magic Cafe Forum Index » » Not very magical, still... » » JPMorgan (0 Likes) |
[ Top of Page ] |
All content & postings Copyright © 2001-2024 Steve Brooks. All Rights Reserved. This page was created in 0.01 seconds requiring 5 database queries. |
The views and comments expressed on The Magic Café are not necessarily those of The Magic Café, Steve Brooks, or Steve Brooks Magic. > Privacy Statement < |