Comments on: JPMorgan Bank Announces Massive Surprise Loss http://abcnews.go.com/blogs/business/2012/05/jpmorgan-bank-announces-massive-surprise-loss/ The latest Business news and blog posts from ABC News contributors and bloggers. Sat, 18 May 2013 01:12:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Disgusted with gop http://abcnews.go.com/blogs/business/2012/05/jpmorgan-bank-announces-massive-surprise-loss/#comment-2005601 Disgusted with gop Fri, 11 May 2012 17:35:37 +0000 http://abcnews.go.com/blogs/business/?p=84411#comment-2005601 Couldn't happen to a nicer bunch of crooks........ Couldn’t happen to a nicer bunch of crooks……..

]]> By: pksk531 http://abcnews.go.com/blogs/business/2012/05/jpmorgan-bank-announces-massive-surprise-loss/#comment-2004151 pksk531 Fri, 11 May 2012 12:28:53 +0000 http://abcnews.go.com/blogs/business/?p=84411#comment-2004151 Dear Republican Party - Please explain to me again why we should NOT be regulating this sort of trading? Dear Republican Party – Please explain to me again why we should NOT be regulating this sort of trading?

]]> By: S. Williams http://abcnews.go.com/blogs/business/2012/05/jpmorgan-bank-announces-massive-surprise-loss/#comment-2003761 S. Williams Fri, 11 May 2012 11:06:44 +0000 http://abcnews.go.com/blogs/business/?p=84411#comment-2003761 Seriously? ..... Total incompetence ..... J.P. Morgan Chase, as well as all of the other "too big to fail" banks pay depositors virtually nothing in interest, they can borrow all the money they want/need from the Federal Reserve at or near 0% interest, and their upper management executives pay themselves and their traders overinflated salaries and bonuses that the rest of us can only dream of. And yet they still continue with the same risky trading patterns revolving around derivatives and other similar instruments that brought the world economy to its knees almost four years ago, and from which the average non-insider is still suffering economically, with no end in sight. The individuals responsible offer the requisite mea culpas for their incompetence, and then continue to repeat the same patterns of risky behavior, for which they continue to be rewarded beyond all reasonable means. Will it be the next time that the world economy is pushed past the tipping point ..... or will it be the time after that? With no external rules/limits placed on this type of activity, why isn't it just a matter of time before the economy passes the tipping point of no return, where we then enter into a world of financial anarchy? Seriously? ….. Total incompetence ….. J.P. Morgan Chase, as well as all of the other “too big to fail” banks pay depositors virtually nothing in interest, they can borrow all the money they want/need from the Federal Reserve at or near 0% interest, and their upper management executives pay themselves and their traders overinflated salaries and bonuses that the rest of us can only dream of.

And yet they still continue with the same risky trading patterns revolving around derivatives and other similar instruments that brought the world economy to its knees almost four years ago, and from which the average non-insider is still suffering economically, with no end in sight.

The individuals responsible offer the requisite mea culpas for their incompetence, and then continue to repeat the same patterns of risky behavior, for which they continue to be rewarded beyond all reasonable means.

Will it be the next time that the world economy is pushed past the tipping point ….. or will it be the time after that? With no external rules/limits placed on this type of activity, why isn’t it just a matter of time before the economy passes the tipping point of no return, where we then enter into a world of financial anarchy?

]]> By: W. Wallace http://abcnews.go.com/blogs/business/2012/05/jpmorgan-bank-announces-massive-surprise-loss/#comment-2002061 W. Wallace Fri, 11 May 2012 03:43:08 +0000 http://abcnews.go.com/blogs/business/?p=84411#comment-2002061 Oh, gosh darn! Well, I guess we will just have to bail them out again. Or perhaps the Federal Reserve and the Ben Bernanke will do it secretly like they have been caught doing... Poor JP Morgan... Oh, gosh darn! Well, I guess we will just have to bail them out again. Or perhaps the Federal Reserve and the Ben Bernanke will do it secretly like they have been caught doing… Poor JP Morgan…

]]>