With JP Morgan posting a $2 billion loss it would seem they learned nothing from the financial fiasco they helped perpetrate. But then perhaps they did learn only too well. Gambling with other people”s money can be profitable. Win and you are rich; lose and taxpayers will cover your losses.
Yes, perhaps they did learn after all. It”s time to wean Wall Street off the dole.
Edgar Gillham
Lake County
Originally Published:
