[bigheadfred]

I freely admit I am completely ignorant of what after-hours trading means unless it is that you lost my investments in a poker game....

[stephenjohnbanker]

” The loss came in a portfolio of the complex financial instruments known as derivatives, and in a division of JPMorgan designed to help control its exposure to risk..”

LOL!!

[nickcarraway]

Never before has Wall Street been so able to do whatever they want, with no one paying attention.

[Major Matt Mason]

For Wall Street, there is no risk. They know that taxpayers will be made to bail them out.

[Revel]

JPM can borrow for 0% the money that we borrowed at 2-3 percent. Then they can loan it back to us for another 2-3 %.

With a game like that then what do they have to worry about.

[4rcane]

if government is willing to loan you a billion dollars at 0% interest rate, would you take it? I take as many billions as they’re willing to give me, because however the loan turn out I end up the winner

[Texas resident]

My understanding is that they lost 2 billion in just 6 weeks.

Who is minding the store there?

Is obama about to “find” a whole new pile of cash in their reelection fund?

Don’t forget, all the bucks from MF Global still havent been found and no one has been held accountable.

[dfwgator]

“Mistakes were made.”