Jamie Dimon, head of JP Morgan, personally telephoned individual - TopicsExpress

Jamie Dimon, head of JP Morgan, personally telephoned individual lawmakers to urge them to vote for the repeal of Dodd Frank. This is getting really out of hand. Let us make this very clear. Besides the fact that these banks LACK the models to prevent them from blowing up every single time running to government with their hand out asking can they spare a trillion, the sheer fact that they can make heaps of money from trading means they are NOT lending. Spain converted itself from the richest nation in Europe to the poorest by doing precisely this short-term type planning. armstrongeconomics/author/ettubruti314debasement/page/2/

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