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View Full Version : JPmorgan pays its lawyers $9.15 Billion.



ZenOps
10-11-2013, 06:05 AM
http://www.zerohedge.com/news/2013-10-11/jpm-hammered-massive-92-billion-legal-expenses-posts-first-loss-under-dimon-takes-16

ZH takes the lead again, and explains why JPMorgan had its first recent loss.

$9.15 Billion for three months worth of lawyers fees. No wonder small banks across the US are closing up.

http://www.fdic.gov/bank/individual/failed/banklist.html

woodywoodford
10-11-2013, 08:40 AM
You would read zerohedge lol.

Granted that is a huge amount to pay for lawyers.

ZenOps
10-11-2013, 08:19 PM
I think shareholders should hire the most expensive lawyers to sue JPmorgan for giving so much money to their lawyers.

Wait a sec... Its too cold in here, I should turn on the furnace to combat my airconditioner.

And the rest of the world gets screwed.