What we are witnessing is Wall Street in increasingly public demonstrations of desperation trying to rig the rules to favor themselves, and reduce the risk of a total death episode at tremendous personal loss for the common bank executives.
The agents controlling prices, rigging those prices, and distorting those markets will be under huge strain themselves. They might be burdened by the mundane task of survival. It will be too costly and unprofitable to attempt to manipulate the markets anymore. JPMorgan will continue to manage its 'Garbage Can' free from the nuisance of accounting disclosure. But they too will become too distracted by the credit derivative mess that they helped birth.
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