There just is no end to the concentration of whole business sectors into the hands of fewer and fewer mega corporations and banks. JPM is the latest reiteration of Enron, the Texas operation which tried to corner the retail energy market.
Worst of all JPM has a long record of market manipulation in its recent history. They’ve been fined the equivalent of chump change for their crimes. Why Dimon isn’t in jail is beyond me.
Well….not really!