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JPMorgan Chase & Co. Message Board

  • sm081969 sm081969 Aug 8, 2013 7:42 PM Flag

    Banks should be nationalized - corrupted CEOs will never behave in a free market environment

     

    Libor rate manipulation, swap rate manipulation, insider trading, currency market manipulation, commodity manipulation via owning warehouses and physically holding commodities and driving up prices, mortgage based securities deceptions.......Banks are beyond fixing. At a minimum, they should be broken up. Ideally, more drastic solution may be needed which is to nationalize the entire industry. Congress should change laws to require mandatory jail terms for the CEOs for fraud committed by any employee.

    This topic is deleted.
 
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