User 214545

JPMorgan: Counting Bailout Money as Profit

JPM, like other banks, is investor owned. A lot of us have small holdings of a number of these banks in our 401(k)s, mutual funds, etc. As long as the game is fair (and fair is defined by government regulations, or lack thereof), it should be and can be played. In fact, JPM is one of the best run banks in the US. Jamie Dimon was cutting costs way before any crisis touched the US - ask any JPM employee. Please do not support socialism. Let fair capitalism survive !