When Jamie Dimon, JPMorgan's chief executive, announced the losses last Thursday, he indicated they could double within the next few quarters. But that process has been compressed into four trading days as hedge funds and other investors take advantage of JPMorgan's distress, fueling faster deterioration in the underlying credit market positions held by the bank...".* The Young Turks host Cenk Uygur breaks it down. Source
Telling the truth has become a revolutionary act, so let us salute those who disclose the necessary facts.
ALTERNATIVE NEWS
3 Jun 2012
Elbow From The Sky On JPMorgan
When Jamie Dimon, JPMorgan's chief executive, announced the losses last Thursday, he indicated they could double within the next few quarters. But that process has been compressed into four trading days as hedge funds and other investors take advantage of JPMorgan's distress, fueling faster deterioration in the underlying credit market positions held by the bank...".* The Young Turks host Cenk Uygur breaks it down. Source
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