My first question is who will be the scapegoat. Two billion dollars just doesn't go "missing". If anyone can get away with this, it would be an entity such as JP Morgan. Imagine if a smaller bank who isn't part of the "in crowd" did this, would this be considered as a trivial matter?
The article implicates that these funds may have distorted the market which is a criminal act. Regrettably these crooks can get away with this since
they are virtually untouchable.
Hey, at least it's nice to see that the crooks are stealing from the crooks. Maybe we have a Robinhood on our hands, I doubt it though.
Hopefully they catch the culprits and apply some global consistency and maybe even set an example that these corrupt practices need to stop.
Realistically we all know nothing will come of this and it will get swept under the rug unless they can find a convenient scapegoat.
(visit the link for the full news article)