Here's Ryan Chittum's comments on Jamie Dimon's fulminations about the government's modest attempts to prevent another Great Recession:
JPMorgan are the good guys, you see. Just ask Jefferson County, or talk to the lawyers in Chase’s mothballed debt-collections department, or the investors who lost hundreds of millions of dollars while JPMorgan profited big on a SIV, or the Lutheran nonprofit defrauded on a CDO it built for Magnetar, or illegally foreclosing on and overcharging hundreds of troops while they were abroad, or the homeowners who got trampled in the foreclosure scandal, or the former Chase regional VP who regrets the $2 billion in toxic loans he made in 2007 under “pressure from the top,” or the consumers who get screwed by Vertrue, etc. etc.
No comments:
Post a Comment