Whose money did JP/MS lose?

[Raven]

Their's? Somehow I doubt that.

[kentuck]

1. I sense this is just the tip of the iceberg...

We will see more losses.

[BumRushDaShow]

8. +1 n/t

[liberal N proud]

2. I guarantee it wasn't theirs

And the 1% investors will be protected as well.

It will once again be the middle class that has to pick up after them. I wonder who will take care of their problems once the middle class is gone?

[HiPointDem]

3. Your pension money.

[dkf]

4. Whoever made 38b in profit last year.

[PoliticAverse]

5. That has yet to be determined... n/t

[Raven]

6. Hmmmm, that worries me. n/t

[customerserviceguy]

7. While I believe it was their shareholders

The fact still remains that if it had been enough to fully bankrupt them, there would have been incredible pressure on the President and the Congress to bail them out. I have a feeling that the news of this is going to cause all too-big-to-fails to take a look at their own practices, because the likelihood of a bailout is probably nil at this point. I know the tea partiers won't go along with it, and I imagine there are enough truly progressive lawmakers on our side who won't either.

[Marooned]

9. From what I've read it was the shareholders

Who are probably a bit upset now. Wonder Boy Dimon may be job hunting soon.