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Re: Wall Street Shrugs as JPMorgan Trades Lop Off $27 Billion

By: clo in FFFT | Recommend this post (0)
Mon, 11 Jun 12 9:08 PM | 44 view(s)
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Msg. 43362 of 65535
(This msg. is a reply to 43360 by killthecat)

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KTC,

Unfortunately, for the most part the banks own the politicians, they will all get a pass....
We are screwed!!!




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The above is a reply to the following message:
Re: Wall Street Shrugs as JPMorgan Trades Lop Off $27 Billion
By: killthecat
in FFFT
Mon, 11 Jun 12 7:55 PM
Msg. 43360 of 65535

Clo:

They will investigate JP Morgan's losses, and not the counter-parties who profited.

I fear banks are becoming vehicles for scumbags to use, and loot and bailout on occasion. Private equity, hedge funds, and filthy rich individuals are now in the driver's seat.


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