Jamie Dimon

Wall Street by JT20162016

My Advice to the Occupy Wall Street Protesters

Matt Taibbi Rolling Stone October 27, 2011 I’ve been down to “Occupy Wall Street” twice now, and I love it. The protests building at Liberty Square and spreading over Lower Manhattan are a great thing, the logical answer to the Tea Party and a long-overdue middle finger to the financial elite. The protesters picked the […]

Barack Obama by JT20162016

Stiglitz Calls Bad Bank Idea “Cash For Trash”

BLOOMBERG Feb. 1 (Bloomberg) — Nobel laureate Joseph Stiglitz said any decision by President Barack Obama to establish a so-called bad bank to rid financial companies of toxic assets risks swelling the national debt. Obama’s administration is moving closer to buying the illiquid assets currently clogging bank’s balance sheets and preventing them from boosting lending, […]