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Jp Morgan loses 4.2 billion

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roor
Posts: 946 - Karma: -80
Probly around 6 billion they lost 8 billion in 2008. Stock are down 7% all investment banks are down 3 to 4 %. Greeks and France have or are goning to refuse austerity messures. Predicting the 2 ressession. What do you think
May 10 2012 5:50PM
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e_strapp
Posts: 1116 - Karma: 212
That post Gave me cancer
May 10 2012 5:51PM
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Bateman
Posts: 8593 - Karma: 8,600
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That post confirmed it. Im HIV positive
May 10 2012 6:02PM
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Mike-O
Posts: 14593 - Karma: 1,089
The recession never ended here, really.
May 10 2012 6:03PM
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Mike-O
Posts: 14593 - Karma: 1,089
But about the Greeks, I'm actually getting pretty fucking mad. Of course it's not the average citizen's completefault and responsibility how the government fucked the country over little by little, but they were a part of it by upholding such a den of everyday bribery and corruption all this time.

Finland has feeded them percentually (comparing GDPs) amount of money from all EU member countries, and what does the government do? Refuses austerity measures, buys more and more military and war equipment with BILLIONS of loan Euros and still hasn't completely solved any government-caused messes and organizational bullshit and white-selling that caused this to happen! It's fucking crazy, I tell you what.
May 10 2012 6:10PM
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roor
Posts: 946 - Karma: -80
Jp is traditionally know as a smart bank. Remember things in 2008 also started with small losses and they turned put big. They have no idea how big this goes right now but remember Jp is known as a smart bank. Remember now that the banks are more centralized than 2008 all that it takes is 1 to go
May 10 2012 6:16PM
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Peter.
Posts: 23796 - Karma: 13,014
the english is not strong with this one

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May 10 2012 6:29PM
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Bodhisattva_
Posts: 5749 - Karma: 2,009
This post made this thread worthwhile.
May 10 2012 6:32PM
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volvotom
Posts: 2045 - Karma: 712
It was really ONLY (haha) $2billion and it was based on bad bets that they made, at least they're being open about it.

http://www.bloomberg.com/news/2012-05-10/jpmorgan-chase-says-cio-unit-suffered-significant-loss.html


May 10 2012 9:55PM
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Ski_Alot
Posts: 5900 - Karma: 3,658
we'll let it slide
May 10 2012 10:09PM
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roor
Posts: 946 - Karma: -80
Hah I was on mobile at work trying to get all my money out, as well as trying to get my parents to follow suit. Things were hectic but I'm happy I got my money out, rather than write a thread, proofread and then have some closet 12 year old post tits all over my thread
May 10 2012 10:17PM
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pomme-de-terre
Posts: 3915 - Karma: 703
this post actually improved my quality of living.

+k
May 10 2012 10:18PM
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LIL-WAT
Posts: 1510 - Karma: 146
Get your mum to look over this?
May 10 2012 10:53PM
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Alex_G
Posts: 11902 - Karma: 1,019
if it weren't for enron, we would not even be in this situation right noPr
May 10 2012 10:55PM
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roor
Posts: 946 - Karma: -80
I wish, she would be quit the fan of your mom's photography.
May 10 2012 10:58PM
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LIL-WAT
Posts: 1510 - Karma: 146
do you mean quite?

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May 10 2012 11:02PM
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ski4fun420
Posts: 902 - Karma: 842
The CEO, Jamie Dimon, is the most overrated CEO ever. " I believe he stated'"we made some bad investments." What the fuck kind of excuse is that?
The received Federal stimulus money and still lost aLL that money.


PMorgan's stock (JPM) fell nearly 7 percent to $38.05 in after-hours trading and dragged down shares across the entire banking sector. Its executives called an extraordinary conference call with analysts at 5 p.m. EDT where Chief Executive Jamie Dimon said "egregious" mistakes had been made.

Egregious mistakes??? WTF??? Seriously; It is time to call out this Jamie Dimon fraudster. C'mon man!
May 10 2012 11:10PM
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roor
Posts: 946 - Karma: -80
No i mean quit dumbass im on mobile cut me a break. Since you now are my English teacher I'd like to inform you that actual definition of mum is literally to shut the fuck up.
May 10 2012 11:19PM
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LIL-WAT
Posts: 1510 - Karma: 146
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May 10 2012 11:21PM
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bdarb207
Posts: 3057 - Karma: 438
You've been saving that for a while haven't you? Hilarious post.
May 10 2012 11:37PM
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roor
Posts: 946 - Karma: -80
To all those who mocked me you can suck my dick because last week was the worst week this year.
May 21 2012 1:54PM
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bustinthejus
Posts: 2419 - Karma: 74
In what context? Your worst week this year? The world's worst week this year? Economically the worst week this year?
May 21 2012 1:58PM
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Crossfade
Posts: 743 - Karma: 24

I like this thread ahaha

May 21 2012 2:01PM
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roor
Posts: 946 - Karma: -80
I pulled out all my money I'm fine. The worst week this year for all three indexes
May 21 2012 2:02PM
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Bateman
Posts: 8593 - Karma: 8,600
Yeah, this


You need to fucking elaborate, mister. the, worst week just wont do.
May 21 2012 2:03PM
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Gods_Father
Posts: 1466 - Karma: -284

They just have to do what Iceland did....

It's not their debt.

May 21 2012 2:57PM
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MRoden
Posts: 753 - Karma: 211
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May 21 2012 4:57PM
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ForeverYung
Posts: 8385 - Karma: 2,060
Relevant gif is relevant
May 21 2012 9:53PM
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