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TFC Commodity Trading Forum

Re: JPMorgan Chase will pay a record $920million

Was discussing politics with a younger girl who was checking me out at the Home Depot. She was all a twitter about some big company getting hit with a big fine. I was surprised she even knew such things...better than the average dumbasss so I engaged her.

I let her rant about that a bit and finally asked her...where does all that money go once it gets into government hands and how does that help you. crickets.

I don't know the answer to that question...I just thought I'd ask. So...they fine Chase...and you're right...shareholder pays but where does the money go after the godvernment gets their grubby hands on it?