Sunday, May 13, 2012 9:05:50 PM
"LONDON -(Dow Jones)- Bankers at JPMorgan Chase & Co. (JPM) fear that as much as 50% could be wiped off their bonuses this year as a result of last week's trading scandal, in which soured trades by a banker dubbed the "London Whale" led to $2 billion in losses for the U.S. bank, the Independent on Sunday reports."
Note their only quoted concern is that their "Bonuses may be halved"!! And their "Reputations Damaged"! No concern expressed for the Stockholders; who lost their Butts, Bigtime! As you say, next week will be informative. And not just about GERS!
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