Thread: JP Morgan Chase & Co
June 23rd, 2011, 11:23 AM #1
JP Morgan Chase & Co
Well the one big bank who essentially came through the financial meltdown is now facing the music. Questions have been brought up related to the JP Morgan Chase & Co. CEO Mr Dimon. Will he continue to be a force in the financial world or will the outcome of the present J.P. Morgan's $154 million settlement with the Securities and Exchange Commission stemming from allegedly misleading investors in collateralized debt obligations underscores how even the most squeaky-clean Wall Street banks succumbed to industry pressure to juice earnings through questionable practices. Where will he land after the fall out? Is this slight indiscretion to be overlooked or...? The Wall Street Journal on line today questions his future?
Hmm... and we need to give away more tax money to the elite as they know better than the average person...? Hmm...!
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