Robert Reich: How J.P. Morgan Chase Has Made the Case for Breaking Up The Big Banks and Resurrecting Glass-Steagall

Really, if the DALLAS Fed is recommending break-ups…

robertreich:

J.P. Morgan Chase & Co., the nation’s largest bank, whose chief executive, Jamie Dimon, has lead Wall Street’s war against regulation, announced Thursday it had lost $2 billion in trades over the past six weeks and could face an additional $1 billion of losses, due to excessively risky bets.

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    Wake up people. This...real life. How does this sort
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    george c. grimaldis shares a post from
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    Here we go again!
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    Really, if the DALLAS Fed is recommending break-ups…
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    Opss!!!
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