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COMMUNITY PUNDITS
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spytheweb 07:41 PM on 05/15/2012
To really get a good picture of what's going on you have to watch, "inside job".
http://www.youtube.com/watch?v=FzrBurlJUNk

After you watch "Inside job" then watch "too big to fail". Then you'll realize that's there not anything that's going to done about banks, investment firms and wall street. The US government is part of the problem.  Read More...
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HUFFPOST SUPER USER
atomic
Truth, Honesty, Joy, Freedom
10:10 PM on 05/15/2012
If JPMorgan claims they lost 2 billion it's probably more like 20 billion.
HUFFPOST SUPER USER
silverstreet
All you need is love
10:54 PM on 05/15/2012
Yes, that's what I've heard
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HUFFPOST SUPER USER
Conservative Mark
03:21 AM on 05/17/2012
It's up to at least 3 billion now, so you may be correct.
10:09 PM on 05/15/2012
Seriously? do we really want a "for profit banker" serving his companies (and his own) interests while serving on the board of a public institution?

Talk about "conflict of interest".

These types of activities go against common sense, and should be legislated into law.
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HUFFPOST SUPER USER
Foodgrade
Learn to grow banannas
10:15 PM on 05/15/2012
When it doesn't make sense, there's another agenda.Such as a financial interest. Don't expect any effective legislation anytime soon.
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change 2010
Welcome to Ameritopia!
10:07 PM on 05/15/2012
how is that H0p3 and Ch4ng3y thing working out for ya all...?
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change 2010
Welcome to Ameritopia!
10:06 PM on 05/15/2012
it's no longer business as usual in DC

--Obama 2009
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HUFFPOST SUPER USER
Foodgrade
Learn to grow banannas
10:25 PM on 05/15/2012
Yeah, we know. He sucks. The onlything that could be worse would be a Republican. I'm not sure the country could take another multi trillion buck theft. To say nothing of the torture and mass murder. Bush and Cheney should be executed.
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change 2010
Welcome to Ameritopia!
10:35 PM on 05/15/2012
that's not nice....
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HUFFPOST SUPER USER
cobobs
10:04 PM on 05/15/2012
Demons screwing with us.
This comment has been removed due to violations of our [Guidelines]
10:02 PM on 05/15/2012
Wow, now I know why Romney keeps his money in the Cayman islands

its safer there
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HUFFPOST SUPER USER
Stoptheworld
Beware of all Enterprise that require new clothes
10:13 PM on 05/15/2012
And in Germany, Switzerland, and numerous other out of the Country banks.
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HUFFPOST SUPER USER
Foodgrade
Learn to grow banannas
10:27 PM on 05/15/2012
And no taxes. It would be funny as heck if they nationalized all that money. But then they'd be invaded, Panama style.
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10:02 PM on 05/15/2012
an interesting report this evening on PBS News Hour, Dawn Kopecki , a reporter from Blomberg said Daiman knew the $2 billion fiasco was rumbling down the tube way back in April
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HUFFPOST SUPER USER
Stoptheworld
Beware of all Enterprise that require new clothes
10:17 PM on 05/15/2012
He had to know and what did he do? NOTHING
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HUFFPOST SUPER USER
Foodgrade
Learn to grow banannas
10:28 PM on 05/15/2012
What do you mean nothing? He got his cut. It's in his private account.
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HUFFPOST SUPER USER
Stoptheworld
Beware of all Enterprise that require new clothes
10:01 PM on 05/15/2012
As Chairman of the Board and CEO, Jamie should have had his thumb on the problem. But, after robosigning problems, wrongful foreclosures on soldiers, etc., you would think he might keep closer tabs on what was happening at his bank. Apparently not. So do we wait until he really screws up and creates another global melt down? And he wants the Volcker Rule watered down. In case you don't recognize it, he is putting his thumbs in his ears, wiggling his fingers and sticking his tongue out to the 99%ers.
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robadeaux
Your labels have expired....
10:00 PM on 05/15/2012
I"ve forgotten... how much was lost in Iraq by that most supreme of all corporosocialist organizations, the US Military? Somebody help me ubderstand why no one put up even a small stink about , what was it, $7 billion?
Now I'm supposed to be concerned when people invest money and lose it? Well, someone else made it. It didn't dissappear (unlike the purely speculative stock value JP Mc Dimon lost... more like $14 billion... and he still keeps his job... hell it was less than 2% of their worth)... TS...
the problem is that banks are now doing the high stakes gambling... with money guarenteed by the tax payer.
The game is rigged.
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change 2010
Welcome to Ameritopia!
10:07 PM on 05/15/2012
CAN I GET AN AMEN!
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HUFFPOST SUPER USER
Foodgrade
Learn to grow banannas
10:29 PM on 05/15/2012
No but you can roast in you know where, when the time comes for you to explain it all.
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09:59 PM on 05/15/2012
Ya know, losing a couple of billion here, losing a couple of billion there.....pretty soon, we're talking about some serious dough.
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09:57 PM on 05/15/2012
Hoping for the demise of these criminals-
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09:52 PM on 05/15/2012
I have to waste a lot of money
lobbying Washington
to protect my ability
to waste a lot of money gambling.
09:52 PM on 05/15/2012
after doing extremely extensive research going back to the stock market crash of 39 I and
following that financial thread some seventy years since that great debacle and then obtaining
all of the past seven decades of Presidential, House and Senate data plus adding in all of the various supposed 'financial watch dog' agencies I finally had my super computer analyze all of this intel and the results were...we shouldn't try to end Jamie Dimon' s reign at JP Morgan....we should all try to find out 'how to get in on it instead".
09:49 PM on 05/15/2012
Break up the banks! Risky Investment Banks over here, Federally Insured Commercial Banks over there, with absolutely no connection between them, or the government takes it over, and you all go to prison!