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HomeJP Morgan Seems To ‘Love That Dirty Money’
Posted by Larry Doyle on May 6th, 2013 8:12 AM |
If those in my beloved hometown of Boston “love that dirty water,” then similarly current management at my last stop on the sell side of Wall Street, that being JP Morgan, seem to ‘love that dirty money.‘
The filth and stench surrounding this story runs so high as to have recently influenced JPM’s bedmates — er, I mean regulators — to pronounce that they do not trust JP Morgan management. Wow. That’s saying something.
We know that only 1 in 5 in America trust our banks (down from 1 in 2 a mere 5 plus years ago), but for regulators to now voice their distrust in JPM’s management is a cry from the bedroom not often heard. What’s going on at JPM? Let’s navigate. (more…)
