[Presbyterian Reporter]

this bankruptcy is good - jp morgan should be the one who loses money on this

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How is this bankruptcy good?

How jp morgan the one to lose money on this?

I doubt jp morgan holds any bonds issued by Jefferson County.

[rokkitapps]

the bankruptcy is good because the citizens of jefferson county should not be held responsible for corrupt politicians and banksters.

[PeterPrinciple]

How is this bankruptcy good?

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Bankruptcy is good in that it is the system correcting it self. Unfortunately there are winners and losers in the process. Prepare to see more of this. It does make all creditors wiser - I speak from experience.