The US billionaire of Russian origin with a net worth of $16.2 billion has complained that it is very arbitrary in its decisions. 

The co-owner of the AAR consortium made the statement amid ongoing litigation against JP Morgan.  

Being a long-time client of the bank, he entrusted it with a hefty sum that he hoped would be re-invested for more gain. 

But JP Morgan poured his billion dollars into mortgage-backed securities, losing him 10 percent of the initial funds.

He claims the deal he originally signed with the bank included a no-loss clause.

Sources: http://www.lenta.ru