I think Mr Obama could learn some lessons from JP Morgan rather than his administration placing yet more regulations on Banks and trying to teach them something. In a short space of time the head person has taken responsibility for the trading losses and I suspect other people will take responsibility and be held accountable. I do not remember anyone in the US Government taking responsibility for signing off the BP oil rig as being compliant with US regulations, or for all of the ‘Green’ Investments made by the Obama administration which have had a complete loss.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn
