Showing posts with label Jamie Dimon. Show all posts
Showing posts with label Jamie Dimon. Show all posts

Sunday, May 20, 2012

The Banker's Job

Link to article

"Don't lose my money."

If we still had Glass-Steagal, criiminals like Jamie Dimon would not be able to lose our money because JP Morgan Chase would be a commercial bank and not an investment bank.  The repeal of Glass-Steagal, under the Clinton administration, gave banksters free reign to steal and, most often, lose our money in foolish, risky investments.