Comment

JPMorgan Chase Acknowledges $2B Trading Loss

4
Bob Levin5/10/2012 8:11:30 pm PDT

re: #2 Bob Dillon

Maybe. The markets have two feet planted firmly in the future. If they feel they have a good grasp on what is going to happen the markets will be fine. The banks know what they’re doing wrong, all they need to do is announce that they will stop. Their advanced math is showing itself to be as reliable as a crystal ball. Like I said above, brick and mortar investing isn’t as old fashioned as they think.