15% of test banks fail!!!! NOT a good thing. Dimon wants his HUGE BONUS
If the banks actually had to account for the home loans that the owners aren't paying on and foreclose on them, all the big banks would have failed. You can find story after story of people living in their house without paying their mortgage for years. sometimes as many as 4 years or more (which coincidentally is when Ben started rigging the stock market). And here I always thought banks wanted their money back after making a loan.