JPMorgan profit hit by Madoff, weaker investment banking

Comments (9)
jims1950 wrote:

i’m just sitting here crying!

Jan 14, 2014 8:13am EST  --  Report as abuse
Overcast451 wrote:

Sounds like the fines really taught them a lesson huh??!?

I wonder how much of JPMorgan’s profit was stolen tax dollars?

Jan 14, 2014 9:50am EST  --  Report as abuse
phoen2011 wrote:

fines are just the cost of doing business for JPM
business as usual for the crooks in NYC and London

Jan 14, 2014 10:07am EST  --  Report as abuse
archiebird wrote:

JPMC beats the street! Yeh, at mainstreet’s expense.

Jan 14, 2014 11:17am EST  --  Report as abuse
hginandon wrote:

This bank is “to big to fail”. It is not the only one. Until the government breaks up these entities, there will always be abuse. Pay packages with incentives for profit contribution make the practices we have witnessed at JP MORGAN inevitable. Sad, but true.

Jan 14, 2014 11:45am EST  --  Report as abuse
AlkalineState wrote:

Good. That means they have more money for fines and criminal forfeitures. Drain them dry and throw their carcass to a Chinese hedge fund.

Jan 14, 2014 11:59am EST  --  Report as abuse
keebo wrote:

Who says crime doesn’t pay – certainly not JPM’s upper management.

Jan 14, 2014 12:34pm EST  --  Report as abuse
ARJTurgot2 wrote:

Not to worry; if JPM runs low on money they will just steal some.

Jan 14, 2014 6:04pm EST  --  Report as abuse

And still, none of these crooks doing any time… What a shame.
Steal away JPMC, steal away…

Jan 14, 2014 8:29pm EST  --  Report as abuse
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