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General Category => Politics, Philosophy, News and/or Current Affairs => Topic started by: Ineptunian on June 19, 2012, 01:35:07 PM

Title: JPMorgan in the News
Post by: Ineptunian on June 19, 2012, 01:35:07 PM
Anyone keeping up with the latest?

From a Reuters article (http://www.reuters.com/article/2012/06/19/us-jpmorgan-loss-house-idUSBRE85H1O020120619)on the matter: "Tuesday will be the second time that U.S. financial regulators, as well as JPMorgan Chief Executive Jamie Dimon, have appeared before lawmakers to answer questions about how a hedging strategy using credit derivatives suddenly led to at least $2 billion in losses.

Dimon's testimony prepared for the House hearing is nearly identical to that which he delivered to the Senate Banking Committee last week. At that hearing, Dimon declined to defend the losses but remained critical of regulatory efforts to curb Wall Street."

Apparently, $2 billion is just a drop in the bucket for JP Morgan & Chase.

I hope banking regulations gut their power.
Title: Re: JPMorgan in the News
Post by: Emperor Reagan on June 19, 2012, 01:44:34 PM
More likely, the house republicans will openly suck his dick on the floor.

The democracts will wait until he leaves and corner him in the men's room to give him their blow job.
Title: Re: JPMorgan in the News
Post by: Tru on June 19, 2012, 02:12:50 PM
Exactly!
Title: Re: JPMorgan in the News
Post by: Zoomie on June 19, 2012, 05:39:17 PM
Dammit I knew I shoulda gone into banking...
Title: Re: JPMorgan in the News
Post by: Thrash on June 19, 2012, 11:55:51 PM
Well put, Mike ...
Title: Re: JPMorgan in the News
Post by: Ineptunian on June 20, 2012, 10:16:33 AM
More likely, the house republicans will openly suck his dick on the floor.

The democracts will wait until he leaves and corner him in the men's room to give him their blow job.

It's great to know this while regular working people's assholes have been made into a political dick depository.
Title: Re: JPMorgan in the News
Post by: Tru on June 20, 2012, 12:34:56 PM
The movie I recently watched "Seaviper" ended with the Nazis delivering enriched U-232 to Los Alamos. Looking back on how the US treated Nazi war criminals and how our industries built Hitlers war machine in the first place I wouldn't be surprised. 
Title: Re: JPMorgan in the News
Post by: Ineptunian on June 20, 2012, 03:46:46 PM
The movie I recently watched "Seaviper" ended with the Nazis delivering enriched U-232 to Los Alamos. Looking back on how the US treated Nazi war criminals and how our industries built Hitlers war machine in the first place I wouldn't be surprised.

An interesting story: According to a friend, most POWs were sent to a camp in Mississippi. He told me that the camp was turned into a base after the war, but while the Nazi POWs were there they were assigned trivial duties like sewing their own boots, hemming their own clothing, and digging ditches. One afternoon, while flying over a vacant patch of land on the base, he noticed an indention topographically imprinted into the ground. Apparently, the POWs, thinking that one day their Fuhrer would cross the Atlantic and rescue them, dugout an acre-sized swastika so that the Luftwaffe could see it from above.
Title: Re: JPMorgan in the News
Post by: Tru on June 20, 2012, 05:41:41 PM
Yeah they obviously didn't realize that much like like our own troops they were seen as a disposable commodity by the international banks who control everything.
Title: Re: JPMorgan in the News
Post by: mosh on June 24, 2012, 03:23:56 AM
More likely, the house republicans will openly suck his dick on the floor.

The democracts will wait until he leaves and corner him in the men's room to give him their blow job.

Well, that's pretty much what happened: http://www.rollingstone.com/politics/blogs/taibblog/senators-grovel-embarrass-themselves-at-dimon-hearing-20120615 (http://www.rollingstone.com/politics/blogs/taibblog/senators-grovel-embarrass-themselves-at-dimon-hearing-20120615)

I'm a big fan of Taibbi.