Monday, April 11, 2011

Class Action Lawsuit Claims JP Morgan Ripped Off It’s Clients

No surprise with this.  Since starting this blog we have said that Frankenstein finance has made clients irrelevant.  Now with endless supplies of below market taxpayer funds available through the Federal Reserve, there is no need to service their customers.  Wall Street often trades against their clients as we saw in the Goldman Sachs goat rodeo before Congress and countless other seamy situations at other firms. 

posted by TimingLogic at 8:46 AM