Tag Archive: Great Recession

Jul 26 2016

Record Bank Profits and the American Dream Foreclosed

Washington is refusing to make the banks eat the debt bubble they created. By Mike Prokosch JP Morgan Chase launched the 2010 Wall Street Bonus Sweepstakes last month. The bank is still losing money on consumer services, but well-heeled investors and financial traders more than made up the difference. The bank announced $11.7 billion in …

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