Dimon Suggests That Billions Lost in Derivatives Fraud is Standard Banking Practice
Wednesday, 16 May 2012 10:05
Posted by David Icke
'Jamie Dimon, Chairman of JPMorgan Chase is hoping that the American public will be sympathetic toward the recent $2 billion in losses that the financial firm has incurred because of their investments in derivatives.
Dimon suggests that: Hey, everybody makes mistakes — sure, we lost $2 billion, but we’ve still got billions more, and we’ll figure out this one ourselves without the need for any further regulations, thank you.'
Read more: Dimon Suggests That Billions Lost in Derivatives Fraud is Standard Banking Practice
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