"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
From tomorrow’s edition of Deutsche Wirtschafts Nachricthen: “The Greece-exit is a done deal: According to the German economic news from financial circles EU and the ECB have abandoned the motherland of democracy as a euro member. The reason is, interestingly,…
If you add in the drop in the stock price, then JPMorgan losses are more like $30 billion. Obama is of course mute when it comes to criticizing the banksters, especially when it involves an old pal like JPMorgan CEO…
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…
Game on. Greece is about to do an Iceland and tell the banker thugs to go screw themselves. Good. The sooner our rotten, corrupt international banking system is forced to restructure and their diseased, parasitic entities are given the opportunity…
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…