For the past week, the world financial market has been affected negatively by the shocker that JP Morgan made a risky error which cost the bank over two billion dollars. The company could lose even more money if shareholders continue the selling trend that is being advised by just about every stock forecaster.
Technically, this money that was lost was taxpayer money. The banks used money from its customers and made a bad investment. Essentially, the bank owes the US Dept. of Treasury a humongous amount of money.
Unfortunately for JP Morgan, they have not figured out a way to recoup their losses. As of now, they have not determined how to replace the money in order to keep the Federal Reserve satisfied. Their creative team hasn't come up with a solution yet because the only thing the corporation has done so far was to force people to resign.
However, JP Morgan employees no longer have to worry about whether their company will tank. Their jobs can be saved. I have solved this $2 billion problem with three simple steps.
2. If my blog receives two trillion views by the end of this year, then that would generate the two billion dollars needed.
3. The money would then be used to repay the US Treasury Department for the bad investment deal.
If JP Morgan doesn't act fast, then the rest of the year for the company will be filled with special hearings and bankruptcy court appointments after their stock goes to zero. JP Morgan Chase, help me help you.