Given all we’ve been through,  any firm this stupid HAS TO BE ALLOWED to fail,  OR  purged of their STUPID, CARELESS, unable to learn leadership and taken over.

On a conference call with analysts, JP Morgan CEO Jamie Dimon announced that his firm had lost $2 billion investing in the same species of derivative that exacerbated the 2008 financial crisis.

via Mitt Romney Wants To Repeal The Rule That Would’ve Stopped The Latest Financial Scandal | TPMDC.