J.P. Morgan

Stuff we should click on.  Be sure to state Not Work Safe, if applicable.  KTHX.
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Malcolm
Posts: 32040
Joined: Fri May 21, 2004 1:04 pm
Location: Minneapolis

Post by Malcolm »

Fined $920M. Doesn't give a fuck.
Yet, for people here at the New York Stock Exchange, today's news of the massive fine has barely registered.

Shares have made very little movement, and some traders here find the story, well, tiresome.

The fines were expected and JP Morgan has steadily been setting money aside for the financial punishment it knew was coming.

As long as the bank continues to make money for investors, the reaction will continue to be muted.

Fuck all of them.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
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