"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
JP Morgan’s loss in risky derivatives originally estimated at $2 billion is now $5 billion and could well go higher. In addition, they have another $100 billion in risky bonds. This from the bank that had a sterling reputation for…
JPMorgan executives may have learned of the impending disaster with their London Whale trade from articles in the WSJ and Bloomberg. This from the company that more or less invented risk management and were supposed to be expert at it. Clearly…
Jonathan Turley reflects upon the vengeance Moby Dick delivered to Captain Ahab. Now Dimon is expected to blame the whale rather than his own anti-reform position. It is not the first time that a mad leader personified his own failings.…
JPMorgan has lost at least $2 billion in deranged derivatives trades. Despite all the pretend reform by the government, nothing has changed on Wall Street and the feds are still asleep at the wheel, no doubt deliberately so. Now we…
We now have confirmed instances, including 911 calls, of banks hiring people to break into homes where the foreclosure has not yet taken place, and in some instances, they’re breaking into the wrong house. That’s illegal – until the bank…