Do you have to be mildly retarded to work at the CFTC?
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Yes, but less retarded than you need to be to work at the SEC.
J.P. Morgan and the Fed are tight. Their relationship goes way back. Let's not forget Morgan bailed out the government back in 1895.
jpm short time
I'm really hoping JPM takes a fucking for the ages over this one. The TBTF banks and the Federal Reserve are against the ropes right now, big time. I don't think Americans will tolerate another massive bank bailout, so a collapse on this scale would be just what this country needs put the house in order.
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