The Kramer Effect: How JP Morgan Gets $50B in Federal Financing

CNN's Jim Boulden says JP Morgan bought a necrotic necrotic multi-billion dollar asset with 84 branches. The FDIC gave the bank $50 billion in fixed rate financing, which is supposed to be for us but instead they're using it to finance the sale. If he made that tweet in Mandarin, Bitcoin would have crumbled because the people in China would have understood. "If I had money in JP Morgan, I would have gone first thing today and pulled it all out"