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JP Morgan investors:
"We lost $2 billion" (yawn)

Report from a bizarre shareholders meeting


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Really?

I don't get it.

$ 2 billion (and mark my words it will be more) and the shareholders don't seem to be sweating it.

Do they expect the US government to bail them out?

Do they not realize what it means when a bank loses $2 billion in capital?

Are they numb? Are they brain dead? Is it deer in the headlights time?

I'm mystified.


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