Saturday, May 12, 2012
J.P. Morgan Chase
Will the outrage ever stop? The company just lost $2 Billion in trades last quarter taking the same risks with the same type of securities that caused the financial meltdown (and public bailout) in 2008. Meanwhile the CEO, who makes $23 Million per year, has been the most vocal of all the bankers arguing against any more regulation of risk. No wonder Occupy Wall Street had so many followers.
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