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[Bizreader]

Hello Oilstrike,
I'm not qualified to prognosticate accurately about parallels between JPM Chase and Enron.

You may have to pay a consultant lots of money to accurately answer your questions on this.

I will say that JPM Chase will not go down, become insolvent or in some way be a target of FDIC seizure before a major earthquake, literally, hits the East Coast. Why do I say that?

Because the people who are involved are die-hard, workaholics who will never give up the ship. They are not quitters. They esteem themselves as the best kind of winner; very rich winners with everything to loose and nothing to gain by admitting defeat.

Banking is not an "honest business", as most people think of honest business; a product or service delivered for a fair price. Banks and bankers know they have "rights" to do things with depositors money that depositors have no say in. That is where the rub is. The personal integrity, or lack thereof, in the manager/decision maker rules the money flow.

Anyway, nothing is impossible and if enough people want to change something/anything that change is inevitable. Everything we humans see aside from the rocks and oceans themselves, figuratively speaking, are of our making. We can unmake JPM Chase if we so choose. But, I don't believe there are enough people with enough determination and focus to do so.

Congress does have a financial reform bill coming through. It may protect the small fry if it is effectively administered.

eom