If you read the report, you might wonder if the FBI and Congressional Committees investigating the case will charge JPMorgan executives with criminal securities fraud for blatantly trying to hide the massive losses from investors.
With the increasing globalization of the banking and securities industry, employees at firms such as Goldman Sachs, JPMorgan, UBS, Citibank, Morgan Stanley Smith Barney, etc.
Bernanke enumerated a series of measures including putting upward pressure on short-term interest rates through interest payments on reserves held by financial institutions, ceasing reinvestment of principal payments on securities held by the Fed, and even selling those securities in the open market. (Read Bernanke Put Allows JPMorgan To Post Profits On 96.9% Of 2010 Trading Days).