due to the heavy losses it incurred as a result of the 'mortgage mess' in the USA.
JP Morgan Chase also has $11 Billion in 'secret life insurance policies' on its current & former employees.
*You can 'Google' all of the following for proof-
WHO OWNS THE FED? (Go to the site with the 5 charts to see that JP Morgan is listed.)
CHASE COMPLAINTS SECRET LIFE INSURANCE POLICIES
BANK EXECUTIVES PROFITING ON THE DEATH OF EMPLOYEES
BIG BANKS RESUME FORECLOSURE PAPERWORK PBS
Thank You
WELCOME TO AMERICA- A COUNTRY CONTROLLED BY THE FED