BANKERS IN JAIL? Ever wondered why bankers are never jailed for their ongoing and continued criminal malfeasance that make headlines almost monthly? “JP Morgan now has a contingency fund of $23bn to cover legal expenses. It also said that it could face litigation-related expenses of another $6.8bn.” On ~$24 bn of net income. With this sort of astounding legal defense capability, they simply outgun the government lawyers. ”
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