When news broke of a 2 billion dollar trading loss by JP Morgan, much of the financial world was absolutely stunned. But the truth is that this is just the beginning. This is just a very small preview of…
So this morning comes and not only has there been no “progress” on Greece but opinions are hardening, as I expected. “This is not finished: it is about Greece, but it is also about Spain, and Italy and maybe France,”…
And so it begins (sorta) for some of their executives…. JPMorgan Chase & Co. (JPM) executives in the bank’s chief investment office will leave as early as this week after the firm suffered a $2 billion trading loss, according to…
You are not going to believe how much money is being spent on our former presidents. At a time when U.S. government spending is wildly out of control, a total of 3.6 million dollars is being used to support the…