17 October 2013 (14:17 UTC-07 Tango)/12 Dhu’l-Hijja 1434/25 Mehr 1391/13 Ren-Xu (9th month) 4711
Officials with JP Morgan Chase are denying they are imposing “capital controls” by blocking international money transfers and limiting the amount of money you can have in your account. But they did confirm they are “derisking” certain accounts!
Could the Too Big to Jail international bank be doing this as a result of $1-billion USD in fines imposed by United States and United Kingdom? That’s because of their $6-billion loss in the London Whale investment scheme. Is JP Morgan Chase broke?
For more evidence that JP Morgan Chase is broke, Marketwatch is now calling it the biggest single job killer in the U.S. The Too Big to Fail bank is laying off at least 19-thousand employees!
Some “exepctionism”!