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Re: JPMorgan lobbied for big loophole on risky trading

By: killthecat in FFFT | Recommend this post (0)
Sat, 12 May 12 5:41 PM | 46 view(s)
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Msg. 41843 of 65535
(This msg. is a reply to 41842 by oldCADuser)

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The Obama Team

For example, the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed. Moreover, JP Morgan Chase served as one of the clearing banks for the Fed's emergency lending programs.


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The above is a reply to the following message:
Re: JPMorgan lobbied for big loophole on risky trading
By: oldCADuser
in FFFT
Sat, 12 May 12 5:24 PM
Msg. 41842 of 65535

Not a whole lot different than Wal-Mart lobbying to change the foreign bribery laws while they were handing out money to Mexican officials to gain favorable treatment South of the border.


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