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May 20, 2013
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 JPMorgan and the $2 Billion BetPosted on May 15, 2012
University of Missouri-Kansas City professor, author and former financial regulator William Black explains what’s wacky about JPMorgan Chase’s version of events that led to the firm’s $2 billion loss in the derivatives market last week. —ARK “Democracy Now!:” Advertisement TAGS:
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Global Capital and the Nation State
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© 2013 Truthdig, LLC. All rights reserved.
By EmileZ, May 15, 2012 at 6:42 pm Link to this comment
An interesting article I read today that might interest fans of Bill Black…
“Failing Up With Citigroup’s Dick Parson’s”
http://exiledonline.com/failing-up-with-citigroups-dick-parsons/
Report thisBy EmileZ, May 15, 2012 at 5:54 pm Link to this comment
The key scene in Frontline’s recent and not particularly hard-hitting (except for the music of course) “Money, Power and Wall Street” was, in my opinion, when Obama called all the CEO’s in to the White House and told them “We have a PR crisis on our hands”.
Not a financial crisis, not a regulatory crisis, a PR crisis.
Report thisBy BrooklynDame, May 15, 2012 at 1:35 pm Link to this comment
What’s that old adage? Keep doing what you’re doing and you’ll keep getting what
you’re getting. If this latest incident isn’t enough to convince Congress that real
reform is needed, nothing will.
http://borderlessnewsandviews.com/2012/05/duh-its-financial-reform-time-
Report thisstupid/