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Bill GulleyPoster
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HOUSE OF CARDS SEEMS TO BE FALLING
Just hearing that JP Morgan has a $13 billion fine $4billion for restitution, BoA is admitting to fraud, SAC losing it's license and forfeits US portfolio and indictments on individuals are coming down as well.
Any restitution could take years, better late than never.
I guess we will see how hard the executives of the housing bubble get slapped.
Anyone hear of anything else on the regulatory front?