If Russia Defaults and/or loses the battle with Ukraine, there may be no less than one U.S. financial institution that will finally beg for a taxpayer bailout when their inventory implodes.

by GroundbreakingLynx14

JPMorgan Chase ($JPM) is on the prime of the listing to hit backside.

JPMorgan and Citibank agreed to deal with negotiations with Russia concerning their debt funds. Russia had purportedly indicated they’d make dollar-denominated funds on $2 billion due April 4.

It’s now April fifth and there’s no affirmation Moscow has made this fee. Furthermore, most consultants imagine Russia will default on this fee and Russia has made threats towards any entity that makes an attempt to nationalize their companies.