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Surprise $2 billion loss at JPMorgan?
#4

Surprise

billion loss at JPMorgan?
Hm, resistance to what? But I think government regulation is important so that banks do what banks are supposed to do (i.e. deposits & loans) instead of twisting the majority of their capital through the computer trading algorithms that even they don't know how they function. Some part of the current crisis is definitely due to the global (not just US) deregulation of the last 30 years, which implies that the crisis will be repeated if that underlying problem is not fixed.

Banking used to be a boring office job once upon a time.

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