Former Senator Barney Frank was on CNBC today talking about Dodd-Frank act, but that’s not what interested me today. What interested me today was that Barney Frank said that both J.P. Morgan and Wells Fargo (via Wachovia) were forced to take the bailout money. Former Senator Frank said that both banks did not want to… Continue reading J.P. Morgan Forced To Take Bailout Money?
Category: Banking
Senate Versus Jamie Dimon
I’m on vacation, but I stumbled upon the senate hearing with Jamie Dimon speaking, and I have to say I’m impressed. While I’m not that impressed with the senate, Jamie Dimon was a superstar. It’s kind of like seeing a debate contest between a third grader (some of the senators) and a renown public speaker.… Continue reading Senate Versus Jamie Dimon