You gotta love a blog post with the double-truck headline: ‘AND NOW YOU KNOW THE TRUTH ABOUT WALL STREET: It’s Just Kids Playing With Dynamite.’

Of course, the post is about JPMorgan’s disastrous loss of $2 billion on some imbecilic bet trade. They’ve learned nothing from 2008. The question isn’t if we’ll have to bail them out one day again, but rather when we’ll have to bail them out again one day.

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Updated March 2018

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