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Federal prosecutors are reportedly investigating whether JPMorgan (JPM) breached the law by not...

Federal prosecutors are reportedly investigating whether JPMorgan (JPM) breached the law by not fully alerting authorities about suspicions related to Bernard Madoff. The probe adds to several others JPMorgan is facing, with eight federal agencies investigating the company. In April, the FBI and other authorities are due to interview executives, including CEO Jamie Dimon, about whether JPMorgan misled investors and regulators over the London Whaling loss.
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Comments (5)
  • DaLatin
    , contributor
    Comments (1522) | Send Message
     
    Ahh, General Holder already said too big to jail ,so, here comes the shake down ! Lets fleece the JPM shareholders for some billions and say bad boy to JD and company he surrounds himself with !
    27 Mar 2013, 04:26 AM Reply Like
  • NYCTEXASBANKER
    , contributor
    Comments (2443) | Send Message
     
    TRUE GOVERNMENT "IN-ACTION"
    Why are they not at the SEC where the real problem started.
    27 Mar 2013, 08:17 AM Reply Like
  • DianeLee
    , contributor
    Comments (356) | Send Message
     
    Ah, yes, hindsight continues as vitually flawless. The continuing hassle of JPM looking ever more like payback to the outspoken Jaimie Dimon, and the quest for political headlines and/or financial settlements, the newest form of taxation.
    27 Mar 2013, 09:16 AM Reply Like
  • onewhatsbeendonebefore
    , contributor
    Comments (145) | Send Message
     
    As I have often said JPM are a huge fraudulent business far far worse than Bernard Madoff but the shareholders are in the Senate Congress and every State in the USA so permitting insider trading until last year when the administration banned all from this activity.

     

    Fleecing the shareholders I dont think so. If they cannot cover with options they deserve to lose.

     

    Now that ECB has stolen up to 60% in Cyprus now of the depositors bank money all options are off the table Companies like JPM are in for a tough time because they are now unable to shift vast capital wedges elsewhere.

     

    A good stock to strangle 3 to 6 months out of the money but dont bet your house they are still controlling their BAM and Silver puts and it cost them the London Whale to do it so

     

    WHO IS NEXT?

     

    NOT ME! thats for sure I took all my money out of their grubby hands years ago.
    27 Mar 2013, 10:02 AM Reply Like
  • NYCTEXASBANKER
    , contributor
    Comments (2443) | Send Message
     
    one

     

    you played this song before however as the banks are doing better
    and commodities are doing badly. Are you up or down on your 2013 investments?
    27 Mar 2013, 06:22 PM Reply Like
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