Sunday, March 17, 2013

What is the opposite of a Whale?

From the New York Times:

“The truth of the matter is that six billion dollars, some of which is federally insured, is an inexcusable amount of money to be gambled away on risky bets,” McCain said

Read more: http://www.newyorker.com/online/blogs/johncassidy/2013/03/will-the-london-whale-swallow-jamie-dimon.html#ixzz2Noab9Mwu

Are we only concerned when the banks make risky bets that fail?  Where are the investigators who are looking into the risky bets that JP Morgan (and other banks) made that ended up making money?


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Flag counter

free counters