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Smilo

(2,018 posts)

10. Matt Taibbi is an excellent journalist.

Reply to trumad (Original post)

Fri May 11, 2012, 02:11 PM

May 2012

As Matt points out JP Morgan is a federally-insured depository institution, so I doubt there will be much cryin' at JP Morgan - they are probably laughing at all us little peons who will, once again, be cleaning up after them.

And Dimon is probably looking forward to his next pay raise for doing so well -

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Highlight:

Matt Taibbi on the JP Morgan fiasco.... [View all] trumad May 2012 OP

5, 4, 3, 2......... Guy Whitey Corngood May 2012 #1

Tee hee gratuitous May 2012 #5

Any minute now. Wait for.... wait for it..... Guy Whitey Corngood May 2012 #6

"the loss, which stemmed from a hedging strategy that backfired" aint_no_life_nowhere May 2012 #2

It's not as bad as it looks. Just a little gov't loan and payout of full bonuses (everyone's , SDjack May 2012 #3

twould be interesting to see WHAT they bet on!!!!! benld74 May 2012 #4

Let them gamble with their own damned money and hifiguy May 2012 #7

I suspect ... 1StrongBlackMan May 2012 #8

Taibbi's mother was a hamster and his father smelt of elderberries IDemo May 2012 #9

Matt Taibbi is an excellent journalist. Smilo May 2012 #10

Once again, nailed it like only Matt can do. Ruby the Liberal May 2012 #11

Well, Chase bank can be both. Just ask Jamie Dimon. shcrane71 May 2012 #12

Short, succinct statement of the facts about the Morgan fiasco. JDPriestly May 2012 #13