Morgan chase a loss of two billion dollars was announced and time to cross over to young correspondent on wall street was much more on that big loss for citi group yes what is the strategy to cope with that loss. Well it is a general a mess of charge and as far as i know it is the biggest quarterly loss in citys history but banks like city but also like dodge bank jointly morgan or Goldman Sachs heads to pay the charges sooner or later so now theyre paying it rather sooner but in the long run all the big banks are quiet. That they will profit from the tax reform of the u. S. Government of paying only twenty instead of thirty five percent in taxes so theyre pretty certain that in the long run it will pay off and therefore wall street was a rather calm and the stock of citi even saw a slight uptick thanks to you will be back to short you talk about bitcoin because bitcoin the cryptocurrency that steve i did the financial world has once again taken the faithful on a wild ride and to state
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