Is this a temporary or permanent position? http://silverdaddies.fun/ www.silverdaddies.com We still don't know precisely what admission JPMorgan will make as part of the deal, and based on the bank's shrewd blame-taking in its London Whale trade losses settlement with the Securities and Exchange Commission, we can assume any admissions will be tailored to limit collateral damage in private litigation. Nonetheless, regardless of how JPMorgan phrases its acceptance of responsibility, the bank's $13 billion settlement is an acknowledgment of the obvious: The mortgage-backed securities market was infested at its foundation, like a house gnawed away by termites.