Replies to post #63477 on Banro Corp. fka BAA

[trunkmonk]

Eventually. All those promises, all those fuzzy write downs, all those shady deal they knew would pull them into bk.

[ANV2]

Kind of insulting to JPM. They are not in business of haphazardly buying 5% of a large African gold deposit and then losing it all within a matter of months. They have shareholders they need to account to like any public company. What kind of precedent does that set if US’s largest bank allows their newly bought shares to BK without a fight to a foreign company operating in different foreign land??? Why did they buy 5% when they know that would trigger reporting requirement to public? JPM shareholders should demand accountability from JPM as well.