7 Something extraordinary happened after market close today that prompted me to write this.
You know the story already and it’s all about one of the best if not the best (or so they say) financial institutions in US of A.
Oh how we like to lay blames on everyone also on the planet from Greece to Portugal to China to …
Fuck no, not this time.
Look at yourself in the mirror; this is an American bank, supposedly following the rules set by SEC or another Government body and what you get – fucking morons trading other people money and lying to everyone about their doings until the losses get so large they have to disclose and now they can take the whole market with it which is already fragile enough.
Shame on you!
All this prop trading desk shenanigans need to stop, someone has to investigate this BS and Jamie, I actually thought you know your shit… what a shame.
FD: I do not own fucking US banks and never will, but I might look for my FAZ mobile key this time.
Mr.P
7 Responses to “JPM shit show”
vette_ed
wow Mr.P…lol..you’re on fire..as you know, I very rarely trade stocks anymore..only forex now…but JPM sucks and Ive moved my personal money out recently…and there considered the best of breed..nice..my money is in a credit union now..futures got nailed afterhours because of this shit..as for your statement on US banks..they do suck and are not to be trusted..nice to see you are posting again..Ed..
Mr. Partridge
Thanks Ed,
These bustards just made me mad, after all that 2008 fiasco they are at it again – same shit, different pile.
Good to hear from you.
Wonder how $US gets impacted.
The Fly
I like how Dimon said not to worry that is wasnt client money. Meanwhile shareholder equity is being crushed as the stock falls in ah’s trade. He doesn’t get ALL OF THE MONEY is client money because it affects the value of the stock.
Mr. Partridge
Aren’t he supposed to be a fucking geniuos?
What I am wondering is what these bozos were trading..
Mr. Partridge
By the way Thursday is the worst day to release a news like that.. JMHO
drummerboy
pandoras’ box has been officially opened. couldn’t have happened to a better bunch of crooks.
Blind Read Ant
Prescient post.