Investors and federal investigators turned up the heat on JPMorgan Chase on Tuesday, as shareholders called for pay givebacks from executives responsible for a stunning $2 billion trading loss and the Federal Bureau of Investigation opened a preliminary review of the debacle.
The F.B.I. case will examine potential criminal wrongdoing at JPMorgan, according to people briefed on the matter, representing the most serious inquiry to stem from the losses.
The inquiry, which is being led by the F.B.I.’s New York office, will in part scrutinize JPMorgan’s accounting practices and public disclosures about the trades that prompted the loss, the people briefed on the matter said. JPMorgan also recently received questions from federal prosecutors in New York, one person said.IF BANKS MAKE TOO MUCH THEY ARE DEMONIZED BY OBAMA AND HIS COMRADES, AND IF THEY LOSE TOO MUCH, THEN THEY ARE ALSO DEMONIZED.
I GUESS THAT UNDER OBAMA, EVERYONE HAS TO MAKE EXACTLY WHAT OBAMA THINKS IS THE
UNDER OBAMA, WE ARE RAPIDLY DEVOLVING INTO A CHAVEZIAN AND DYSTOPIAN VERSION OF AMERIKKKA!
AND ANOTHER THING:
DIMON HAS BEEN CRITICAL OF OBAMA: THIS IS PAYBACK -COURTESY OF OBAMA'S LEAD HENCHMAN, THE LYING SCUMBAG ERIC HOLDER.
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