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© Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.Report: 3 JPMorgan executives to resign
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garomakaikishi
good i hope the weasel pops this time
wanderlust
As soon as it was learned that Volcker was planning to restrict bank activities, JP Morgan sent a number of lobbyists to Washington to seek exceptions and loopholes.
Guess this is the result....
globalwatcher
Since last Friday and today, JPM has lost 19 bil on its own value.
They have no business getting into risky derivatives business. They are too big to fail. It is a time these big US banks need to be broken iu nto smaller size with higer cash reserves. Need to implement Volcker rule ASAP. Propensity rate issue also needs to be reviewed.
Ninoh
So, how deep is greed?