Do you think JP Morgan’s $2 billion trading loss should prompt regulators to crack down on risk-taking by banks?

the bank is a business. they invested in what they felt were secure investments and they were wrong. at the shareholders meeting they will determine if the ceop should remain or be removed. i get libs think that we should have no private businesses. i hope in 2016 we get a presidential nominee that feels the same way.

Whatever you do in life there is risk. The amount of risk you have in your life is your choice. Therefore if you like to play with fire, you have to understand that you will eventually get burned. There is no better way to learn that lesson than to learn it the hard way.....

Well JPM investors will bear the brunt so the leadership at JPM will be held accountable.
But should we split banks up again into investment banks and lending banks YES

How about just following and enforcing the rules already set up as well as turing to the Federal Reserve who is suppose to be responsible for not aloowing things like this to happen instead they are cohorts of it over and over again

that's not the job of the Fed. They arent allowed to tell a private bank what investments to make. But you're right the existing rules aren't enforced because the SEC is underfunded and understaffed. They are prosecuting insider trading inside the banks, but what can you do when your budgets are always being cut or never increased year by year?

you are quite wrong on the FED their job is to protect the dollar and second mandate employeement. Since JP Morgan is a memeber bank of the Federal Reserve CORPORATION its actually worse as they are complicit with the nations theft. Hope I am wrong but this could be the prelude to a much larger systmeic collapse then the last one.

Budgets are not the issue and they are already to fat. Much of what has happened and is happening now was and has been forewarned. Bigger budgets and more people are useless just have to put quality people in the right positions and get rid of the rest


This adminstation has done nothing to correct the ineptness of the past and only made it worse with trillions upon trillions more at risk of America prosperity after already robbing and stripping to next to zero.

so you think Obama should have split the banks then into investment and lending like we had before. Now that was overturned by Clinton I think.

something like that it. More so lets get rid of monetary millitary rule

It was the FED the and the adnminstartion that strongly encouraged the banks like JPM to take risky investments with their infusions kind of the same way the Obama adminstration tried with green tech, i.e. solyndra and then some and then some

Much of all fraud, corruption and financial mishaps of recent years seems to always come out of your friends in London. So maybe they should just get rid of London

I think the UK is coming down on them far more harshly than the US is, so you might get your wish. Murdoch is also going down in the UK.

Maybe its no accident, and I quote on the JP Morgan situation

"This narrative is already falling apart: "We're not talking about a rogue trader here," says an individual described by the BBC as "a source close to the bank."
"His was one trade in a big portfolio of trades. It was a global hedging strategy known by the bank but executed poorly. It failed."

While there've been no intimations of fraud here, we'll mention once more what the gonzo financial journalist Max Keiser has pointed out: Every major fraud of the last several years -- AIG, Lehman, Madoff, MF Global -- was carried out via London-based offices. Hmmm..."

Collapsing the financial systems is part of the plan of the Marxist socialist progressives who have wormed their way into power, free market capitalism does not collapse of it's own it only corrects strengthens and rebuilds itself, unless there is meddling which that there is much of

but if they go under, it's time to nationalize not prop up these banks