Ex-JPMorgan execs, regulators pressed about $6.2B trading loss

  • Article by: MARCY GORDON , Associated Press
  • Updated: March 15, 2013 - 5:29 PM
  • 12
  • Comments

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Packman_1Mar. 15, 13 1:45 PM

Break them up and throw Dimon in jail.

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rschildkMar. 15, 13 1:55 PM

J.P. Morgan will just invest in a few more Senators, get another ex-VP appointed to the Cabinet and the Fed and walk away laughing, like they have done for 30 years. The Justice Dept. acknowledged last week that the big banks were "too big to Prosecute" because they control too much of the economy (and the Congress) and have given up trying to bring any of them to trial. Welcome to your new Oligopoly.

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mrlevityMar. 15, 13 3:03 PM

"Power tends to corrupt, and absolute power corrupts absolutely. Great (read "powerful") men are almost always bad men." Don't touch their bonuses though, or - God forbid - regulate their businesses. Let the free market work its wonders. Those men (and women) are job/wealth creators. We should be thankful for them.

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franknjackMar. 15, 13 3:10 PM

This is the guy that everyone thought was a breath of fresh air from Wall Street because of his testimony. Now we know what kind of air it actually was. I'll kiss my dog on the lips if this guy is prosecuted in any way for misleading regulators.

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granny47Mar. 15, 13 3:56 PM

Same old stuff. The banksters have nothing to worry about as long as they have Congress in their pockets. None have them been prosecuted so far despite serious illegal scams. They pay millions in fines out of the proftis of BILLIONS from their schemes.

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jimmy11Mar. 15, 13 4:10 PM

If the FED would stop giving these big banks money at little or no cost, they might not invest so unwisely.

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hammarhead1Mar. 15, 13 4:51 PM

Maybe less regulation would help - NOT.

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falcon1681Mar. 15, 13 5:24 PM

The guys and elitist. None of them will EVER be prosecuted.

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moremoretaxMar. 15, 13 5:26 PM

Why not the same focus from the senate regarding MF Global and Jon Corzine. You know, the 8th largest bankruptcy in our nations history. Bankrupt, gone, no longer.....not like JP Morgan who is going to be just fine. It couldnt possibly be that because of Obamas relationship with Jon Corzine this has just kind of gone away. No way, not from such a transparent administration....right.....

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bgmach3Mar. 15, 13 5:34 PM

THESE PEOPLE BELONG IN PRISON FOR LIFE! CASE CLOSED BUT IT WILL NEVER HAPPEN. TOO MANY POLITICIANS OWE THEM. OUR GOVERNMENT AND FINANCIAL SYSTEM IS SO CORRUPT AND ILLEGAL IT'S SICKENING. WHY ARE WE WORRIED ABOUT OVERSEAS PROBLEMS? WE NEED TO REMOVE OUR PRESENT GOVERNMENTAL LEADERS FROM OFFICE AND START OVER.

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