Mortgage boom leads to profit surge for JPMorgan, Wells

Comments (4)
Vuenbelvue wrote:

34% shows how taxpayer subsidies and federal government protectionism helps the bottom line. Deep pockets doesn’t hurt either and is a symbol of how the future is with massive wealth distributed to fewer and fewer companies and individuals. They would have to be totally incompetent not to have high annual rates of return.

Oct 12, 2012 8:58am EDT  --  Report as abuse
EthicsIntl wrote:

Yes Sirrrr!
Big Banksters are very proud in announcing their huge ‘rip-off’ profits, it proves to them how superior & strong they are.
……and they love Romney…..

Oct 12, 2012 10:03am EDT  --  Report as abuse
tmc wrote:

We agree to pay this exorbitant fine to the SEC with the stipulation that the SEC agree the we did nothing wrong and will not be bothered by this… opps, wrong page….

My fellow board members, we have increased our profits significantly in the midst of the worst recession the country has ever seen. Now, Who’s your Daddy?

Oct 12, 2012 1:28pm EDT  --  Report as abuse
SanPa wrote:

With origination fees of 1% on $40 billion purchased per month by the Federal Reserve Bank … yeah, the banksters will make oodles of money. But, they will still call for lower taxes on profits.

Oct 12, 2012 6:29pm EDT  --  Report as abuse
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