Comments on: Oversight Democrats Call for Hearing on JPMorgan’s $2 Billion Loss

By: talktotennessee

talktotennessee — Wed, 23 May 2012 04:30:55 +0000

Something is afoot here that does not pass the smell test. Jamie’s 2 billion dollar disclosure sounds a little like damage control. This company is liquidating rapidly. Definitely one to watch. I don’t buy that JP Morgan Chase or Bank of America are healthy. Like GMAC/Ally, I think they are in big trouble because they are too big. We are about to see a bank crash that could cause an earthquake. The 2 billion is little more than a shot across the bow. I believe they will try to maintain status until after the election hoping for more favorable treatment. It would cause a huge outcry now from both sides of the aisle, not to mention the public, who are immensely tired of bank bailouts. Where is OCCUPY/OWS? Picket this bank. Demand answers. Congressional hearings will probably do no more than slap the wrist and move on.
Someone said recently that nothing is changed by politicians, Congress or the Courts? Strange but all of these entities are reactionary. It is the people who rise up and demand reform that eventually force the powers into action. Remember the Vietnam war protests, civil rights, women’s votes, liquor repeal, etc. etc. All a result of people on the ground, in the streets, fighting for change.
Let us help alter the face of the future and see that our government answers to us, the people, rather than Wall Street and the shaky, greedy financial sector.

By: acmodspecialists

acmodspecialists — Tue, 22 May 2012 23:45:11 +0000

Wait for the real number to finally come up in these loses, it keeps growing up If Chase is admitting 3 billion loses,then is probably 30 to 50 billion, you ‘ll see

By: To Tell The Truth

To Tell The Truth — Tue, 22 May 2012 22:38:07 +0000

Like I keep saying, we have not heard the worst yet…there is so much more the Lord will be exposing…and so much more financial institution collapsing…God does not like ugly….

Do you know who owns the credit reporting agencies? Who set the scores? Who changed the credit reporting from A, B etc to the current scoring? Do you know who own the companies that supposedly give credit advice etc? Go figure.

There is yet other issues not addressed by others fighting fraudclosure in their comments…