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this will be declared a national security issue and the tresury will print however much money is needed to close the positions..the Taxpayers lose three different ways1.comsumers have been paying higher gas price because JPM has been pumping up the WTO contracts for 18 months2.THE US government would never allow a delivery failure by one of its largest banks.. They will print whatever money is needed to close out the positions..3. After 100 to 200 billion is given to JPM, no procecution to any execs will occure
National security issue,.... Just move the FDIC in and put Chase in recivership. Only the deposits need protecting. JP Morgan and their dervitave coustmers failed on their own.Get off the Koolaid!
I say bonuses all around!