Daily Archives: August 25, 2011

JP Morgan – Gets away with another serious offence.

It seems Americans just do not want to send Wall Streeter’s to jail for serious offenses. JPMorgan Chase Bank is paying $88.3 million in an agreement with the Treasury Department, which says the bank violated regulations that prohibit lending money … Continue reading

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Bank of America – We really did need money!

Warren Buffet gets his way. The Bank has denied it needed to raise money yet it quickly turned around and gives Warren Buffet an absolutely fantastic deal.Warren is now the lender of last resort, he has bought $5 billion of … Continue reading

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