J P Morgan In Trouble

No wonder Euan Blair was recalled.

J P Morgan has lost up to $10 billion as a result of the government asking him to buy teetering Wall Street firm Bear Stearns during the financial crisis.’
http://www.foxbusiness.com/industries/2012/10/10/dimon-jp-morgan-lost-10b-on-bear-stearns/#ixzz2CxRn5Qsi

Federal authorities are using taped phone conversations to build criminal cases related to the multibillion-dollar trading loss at JPMorgan Chase, focusing on calls in which employees openly discussed how to value the troubled bets in a favorable way.’ http://dealbook.nytimes.com/2012/10/10/at-jpmorgan-inquiry-built-on-taped-calls/

UK Column Video Report  http://www.youtube.com/watch?v=aJtLsKtGCSY

Meanwhile Osborne caught by Sun with champagne despite aide’s best efforts.

Bubble Trouble Courtesy The Sun.

http://www.thesun.co.uk/sol/homepage/news/politics/4583405/.html

This entry was posted in Banksters, Blair Blah Blah, British Constitution Group, Common Purpose, Contactless Card Warning, Economy Train Wreck, Euan Blair's Coventry Ambitions, How to Identify Tories, Men of Non-Business, Money Matters, Osborneomics, Tax Dodging, UK Column and tagged , , , , , , , , , , , , . Bookmark the permalink.

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