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Saturday, May 12, 2012

JPMorgan's $2-billion loss renews calls for tough financial rules

JPMorgan's $2-billion loss renews calls for tough financial rules

I saw the clip from Meet The Press that will air Sunday. He claimed he "doesn't know if they broke the law". Really? Are you not the boss of this bank? Do you even bother reading a balance sheet? What exactly do you do there? Why are they even paying you when you can't explain how in the hell you lost all the money?

You know, many people that run a business, KNOW what the hell is going on. "Stupid mistakes"? What the hell is that? If the math didn't add up, why bother?

Anyone with any money in this bank, get it out before the doors are locked.

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