Wow, if I were one of their shareholders, I don't think I'd be too happy to hear that! Maybe it's time to short J.P. Morgan?
Got a letter from Chase the other day saying starting in February there will no longer be a “free checking” account. I’ll be closing that account before too long. And I’d bet I’m not alone.
I’m also going to show them the article about the bank being made to take the Christmas tree down. I’m going to tell them that their action offended me.
Then you'd be in business with Soros. Although, he sold a hunk of his shares a while back but he still has a good holding. Between them wanting him as their London manager and then them buying up 80% of London's copper in recent days, and now this.... well, something smells. Bottom line, if Soros wants them to fail, they will but you can bet your bottom dollar that he'll be first in line for any bailout.