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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.

…

  • 1 year ago > robertreich
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    Really, if the DALLAS Fed is recommending break-ups…
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    Opss!!!
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This was designed to be a blog about my experience on the "front lines" of health insurance during this transition. However, it has turned (or possibly devolved) into another comic book fan Tumblr. Because we don't have enough of those.
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