Will FRC common shareholders recoup any of their losses now that JPM has purchased all of the profitable assets?


The government or rather tax payers are shouldering a good amount of losses, and JPM is being applauded for a lucrative acquisition. We saw similar around the globe as the good parts of banks were given to big bank executives and tax payers got the bad parts. Plus, many pension fund managers and common shareholders were advised just weeks before the banking collapse that banking stocks were doing quite well and were as always “safe” investments. So, even if you don't know it, your age balanced retirement plan may have shuffled millions of common shareholders out of depressed growth stocks and into “stable” and “safe” banking stocks, which provided the old guards with lucrative exit cash. Now the new guard gets an even more profitable acquisitions as the government shoulders the losses and they get the assets. The ONLY people not coming out ahead in this are the tax payers, retirees, and “little” common shareholders.

We're already seeing the applause and rising valuation of JPM from this heist. Might FRC common shareholders recoup any of their losses as we nose-dived down from over $140 a share to $1.90 when executives started bailing and selling just weeks after their big media pump… and some… literally sailing on tropical vacations now?


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