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


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

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Comments (4)
  • traderbaked
    , contributor
    Comments (188) | Send Message
     
    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
    , contributor
    Comments (920) | Send Message
     
    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
    , contributor
    Comments (3360) | Send Message
     
    Translation;

     

    Shareholders will suffer, and the obscene compensation will continue unabated.
    6 Jan 2011, 09:17 AM Reply Like
  • kmi
    , contributor
    Comments (4598) | Send Message
     
    Perhaps they should reform their practices to encourage honesty and transparency rather than lawsuits.
    6 Jan 2011, 11:28 AM Reply Like
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