Japan insider trading probe snares JP Morgan

Japanese Financial Institutes are Lawless Frontier, move on , writeoff (whatever the losses).

jpm is dogged with problems.

Corrupt criminal groups operating under the guise of legitimate business but in fact all these types are the biggest thieving sacks of doggie pooh pooh in the world.

This game has been fixed, rugged, schemed for ages now.

Except they wont let the little guy in on the take, but THEY DO allow the little to BE TAKEN!

There is no indication JP Morgan will face any penalty in Japan. Insider trading fines, even when imposed by Japanese regulators, tend to be token

So illegal but if caught there is no fines or punishments? Why even make it illegal in the first place if it is a law that Japan cares not about?

I think the main problem is Japan is set up to identify individual law breakers and relies on the individual's corporation to mete-out punishment. The major flaw in that premise is when the CORPORATION as a whole is guilty. Japan's regulators apparently have few tools to punish entire corporations.

Can't Japan throw all the JPM managers in jail? They'd be doing US citizens a big favor!!!

Par for the course! Traders by definition are "inside".

How does JPM keep getting away with this Scullduggery ? Not only in Japan & the U.S. ,but Worldwide!

as of right now, only 1 JP Morgan salesman has been identified... so to say the entire bank, right up to Jamie Dimon, had a hand in this is slightly premature..

These crooks operate above the law. In the US they own the government so are immune to prosecution. They might toss some staff to the wolves every now and then in a show of contrition, but carry on as usual fleecing the system.

Three people with knowledge of the probe said officials had determined that a JP Morgan salesman had been the source of the leak.

Can all the U.S. haters take a breath and actually read and maybe read between the lines here? This was a JP Morgan salesman in Japan, serving a Japanese client. The odds of him being non-Japanese, are slim and none, and slim just left town. So, the fact that JP Morgan happens to be a U.S.-based company, is almost irrelevant. It is at least as big an indictment of Japanese business ethics as it is U.S. ones.

herefornow. ur also speculating "odds" come on!