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What happened at JPM?

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Stock market is likely to fall on Friday... How much is the loss???

$2 billion.

Jamie Dimon caught gambling. I posted about it separately. He should be fired and brought to Congress on charges.

Let a couple of executives pay it out of their pockets.. Sell their houses , yachts, expensive cars and jewelry... They should be able to pay for it...

I

$2 billion.

Jamie Dimon caught gambling. I posted about it separately. He should be fired and brought to Congress on charges.

So I guess the loss is no more than 2 billion and only one rogue employee is involved... So it will go away I guess..

The SEC is investigating the trades. But once again what they did wasn't illegal so there won't be any repercussions.

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Well, at least they provided the perfect counter-argument to *their* assertions they were in fact already over-regulated and nothing more was needed!!!

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