- Whatever was said last week is different from what is being said now.
- Whatever is being said now is different from what will be said next week.
- Things will always be actually worse than they say.
- The actual truth, while known, will never be made public.
- CEO Jamie Dimon made $1.3 million in 2009 and $23 million 2011 specifically because of the crooked trades the bank was making.
- Dimon's membership on the Federal Reserve Board of Directors makes any Fed investigation of JP Morgan a farce before it begins.
- There will be no official bailout but the Federal Reserve will quietly bailout JP Morgan.
Wednesday, May 16, 2012
JP Morgan and the Truth
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