As their legal costs skyrocket, major banks like JPMorgan (JPM), BofA (BAC) and Citigroup (C)...

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traderbaked Comments (189)
 
yeah nothing a little voodoo accounting wont handle - they have had much more than that to hide and push on the tax payer
6 Jan 2011, 08:52 AM Reply Like

coloneldebugger Comments (833)
 
Isn't our "Justice" system just swell?

or

Replace gubmint hand outs with fantasy account tax shelters...

tune in next time to the Rocky and Bullwinkle show.
6 Jan 2011, 08:55 AM Reply Like

1980XLS Comments (2114)
 
Translation;

Shareholders will suffer, and the obscene compensation will continue unabated.
6 Jan 2011, 09:17 AM Reply Like

kmi Comments (3844)
 
Perhaps they should reform their practices to encourage honesty and transparency rather than lawsuits.
6 Jan 2011, 11:28 AM Reply Like