This country regulates gambling very strictly (unless of course in its own best interest). Very distressing to know that this "whale" of a company (JP Morgan/Chase) can "gamble," in their own words, with billions of dollars. It's unfathomable.
Who regulates them? This was a "hedge" fund that was supposed to insure loss, and who is now going to lose?
We all do!
My heart is bleeding for them! (note sarcasm)
If they are the next one in the "bank bread line," let them fail.