Recovery Begins When Addiction Ends: An Open Letter to Jamie Dimon
Recovery Begins When Addiction Ends: An Open Letter to Jamie Dimon
By the Alternative Banking Working Group of Occupy Wall Street
Dear Jamie Dimon:
We, the Alternative Banking Working Group of Occupy Wall Street, are staging an intervention on your behalf. Unlike many in the financial industry and press, we will not be deceived by attempts at misdirection and we are not intimidated by complexity. Your days of gambling with taxpayers money and pressuring the regulators to let business go on as usual are over. Its not good for you, its not good for us, and its not good for our country.
Its been a good ride, and weve been impressed with how long you have managed to keep it up. The incredible complexity of the financial system helped, of course, just as it helped obscure countless other crimes and frauds.
Its truly a work of art how you and your enablers have created a system that nobody fully understands. Its the perfect cover for your continuing addiction to risk, power, and money, and it keeps everyone confused just long enough, well past any statute of limitation for criminal prosecution.
Now your addiction is out of control. Rather than quitting while you and JPMorgan Chase were ahead (if you ever were), youve been driven to inhale every last dollar, no matter the risks involved for you and for all of us. What has really worked for you personally, and has allowed you to remain credible for so long, is your intense denial as to the underlying question of what year it is.
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the rest:
http://www.nakedcapitalism.com/2012/05/recovery-begins-when-addiction-ends-an-open-letter-to-jamie-dimon.html