Abet Chichi2

[*~1Best~*]

I was pointing out the egregious flaws and financial impact. Horrible bubbles and scams

Everyone knows the switch. Thanks-but NO thanks Rather than wasting my time imposing what you think, do some research on your own and present charts on your own since your view and my view obviously different in wide angle. Make your own charts and show it.


Horrible bubbles and scams which we now have almost 500 trillions of derivatives because of the insane Act switch.

e.g. Dimon JPM 2 billion loss is NOTHING compared to multi-trillions of market bubble scam and debts which America and millions of people are faced with. Everyone knows that Dimon JPM has used the subprime as well as its derivatives more than anyone else.


http://www.cnbc.com/id/47386604

JPMorgan Chase lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for the banking industry.

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Jamie Dimon, who has been a vocal critic of recent financial regulation, admitted the bank had been sloppy and had used bad judgement.

The loss by one of Wall Street's most respected banks [JPM 36.96 -3.78 (-9.28%) ] embarrassed chief executive Jamie Dimon, a leader lauded for steering his bank through the fallout from the 2008 financial crisis without reporting a loss.