SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (133262)5/21/2012 2:03:37 PM
From: sm1th3 Recommendations  Respond to of 224718
 
JP Morgan Chase loss is not $2 Billion but closer to $7 Billion. Demonstrates need for Volker rule.


It doesn't matter how much they lose as long as the govt doesn't bail them out. Even 7B is only about 4 months profits, bad for the shareholders, but hardly life threatening.



To: Kenneth E. Phillipps who wrote (133262)5/21/2012 2:08:12 PM
From: TideGlider2 Recommendations  Respond to of 224718
 
Kenneth , don't ya think Obama should have a CZAR of Trades in every large banking institution.



To: Kenneth E. Phillipps who wrote (133262)5/21/2012 2:50:35 PM
From: Follies5 Recommendations  Read Replies (1) | Respond to of 224718
 
What difference does it make if JPMorgan lost a gazzilion dollars if no depositors money was lost and no government bailout is needed?

How about MF Global? A different story there, what's your solution to that Kenny?