“While JPM’s precarious balance sheet was no surprise to anyone (holding over $50 trillion in gross notional derivatives will make fragile fools of the best of us), what has become a bigger problem for Dimon is that slowly but surely JPM has not only become a bigger litigation magnet than Bank of America, but questions are now emerging if all of the firm’s recent success wasn’t merely due to crime. Crime of the kind that ‘nobody accept or denies guilt’ of course – i.e., completely victimless. Except for all the fines and settlements. Here is a summary of JPM’s recent exorbitant and seemingly endless fines.”

http://www.zerohedge.com/news/2013-07-30/jpmorgan-7-billion-fines-just-past-two-years

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