Re: JP Morgan Chase Execs Vaporize $2B (941458) | |||
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Re: JP Morgan Chase Execs Vaporize $2B |
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Posted by Charles G on Mon May 14 18:13:29 2012, in response to Re: JP Morgan Chase Execs Vaporize $2B, posted by bingbong on Mon May 14 18:08:50 2012. As I said elsewhere in this thread, if a bank wants to attract depositors through accessing the FDIC and having government bailout potential then I am fine with having very tight restrictions on the type of investments they can make.If a bank wants to operate without government bailout support potential, then it should be able to make any investments that it wants to make. Everyone doing business with that bank needs to understand, however, no bailouts are forthcoming. The risk will then manage itself just fine. |