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July 15th, 2012 
FAKE NEWS for the Zionist agenda Previous Post: Visa, MasterCard, banks in $7.25 billion retail settlement nbsp
JPMorgan Chase raises its recent trading loss to $5.8bn
BBC – JPMorgan Chase has tripled its estimate of recent losses from trading in complex financial derivatives to $5.8bn (£3.7bn). The US bank said the executives responsible had been dismissed without severance pay and the bank would be clawing back two years of their pay. Despite the revelation, JPMorgan also reported a surprisingly strong three-month net profit of $4.96bn. Read article
Tags: 2nd Great Depression, debt wealth, financial system
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