Less than 5 cents...the math the media won't do.

So it seems the Obama administration and the media...they are the same anyway...have gotten their collective briefs in a bunch over this JPMorgan-Chase loss of $2 billion. Now that may seem like a boat load of cash ...or 4 summer vacations for Michelle. But what if I said..."You just lost 50¢ out of a bag that had $100 in it!" Would you go ape shit over that loss of 50¢? See because that is what it really comes down to. The bank lost $2 billion out of a $400 billion portfolio...and get this...they have over $1.27 TRILLION invested. So that means they lost $2 billion of a total of 1.27 Trillion .  So they lost .5% of the $400B and... .0016% of the $1.27 Trillion. Yes...they lost less than 1/10th of a penny....and for that...the leftist demand more regulations to protect the little people from the "big evil banks"....yea...so who protects the little people from an out of control government?  Looks like it is gonna be Smith & Wesson. Hey I don't think banks should be unregulated, but lets just do the math before we wrap them in the regulatory prophylactic that the left seems to think they need. Investment is about taking a risk...and losing less than a penny...well that is not much of a risk now is it.