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by Asbostos
3843 days ago
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True, but since 2008 at least, I think any level headed rich person would have to take any promises made by JP Morgan with a grain of salt. They might get screwed but they might still get the best return on their investment compared to more honest alternatives. It's still a choice to make in where you put your money. Everything I hear about investment banks is that their job is to rip off rich people. If you don't like that, then use a regular bank and get a regular couple of percent interest. |
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It's not that simple when you have retail banks and investment banks all tangled up.