Monday, May 14, 2012

JPMorgan's losses spark talk of new rules. Elizabeth Warren calls for Jamie Dimon to quit NY Fed

JPMorgan's losses spark talk of new rules. Elizabeth Warren calls for Jamie Dimon to quit NY Fed
"Anyone looking for silver linings in last week's announcement from JPMorgan that it had lost $2 billion with synthetic credit default swaps this quarter could be excused for thinking that now, finally, maybe there will be a real push to get banks regulated beyond a milquetoast way."