JP Morgan pays $920m to regulators

[Skybird]

Originally Posted by Jimbuna

Impose custodial sentences in addition to fines to those responsible and bring in tighter scrutiny and governmental control measures.

You?

Government? Sure they know it better? They live parasytically.

Problem is there is infinite supply of money. It gets inflationarily printed.

Reduce the availability of money by making it non-printable. Means - get rid of papermoney, return to normal covered money. This necessarily will reduce availability of it, and making its value a free negotiating by and on the market.

Have you never wondered why politicians were the ones enforcing central banks? Central banks are the infinite money source that politicians want like an addict needs his heroine.

And you think politicians really have even an interest to regulate the system towards printing less money? You expect them to act against there own career interests.

[Platapus]

Originally Posted by Jimbuna

Will the bankers ever learn?

http://www.bbc.co.uk/news/business-24159801

As part of the deal JP Morgan admitted violating US federal securities laws.

That sounds like a confession to a crime.

sooooo I am awaiting some indictments. I wonder how long I will have to wait until we start throwing some of these bankers in the jug?

I will probably win the lottery that I don't play before that happens.

[Jimbuna]

Originally Posted by Platapus

I will probably win the lottery that I don't play before that happens.

More than likely