Too Big To Jail

[Boreas]

From an afterword to the paperback edition of Sen, Warren's book, "A Fighting Chance":

Dodd-Frank had created default provisions that would automatically go into effect if there was no confirmed director, and his bank was almost certainly not in compliance with the those rules. I told him that if that happened, “I think you guys are breaking the law.”

Suddenly Dimon got quiet. He leaned back and slowly smiled. “So hit me with a fine. We can afford it.”

Why do these monsters think they're above the law"?

(That's a rhetorical question.)

http://www.huffingtonpost.com/2015/0...n_6972182.html

John

[noonereal]

I like this title, Too Big To Jail. I really think a politician could win a lot of votes if he went after this hard and used this as his mantra.

Of course, then he'd have no cash to run.

[merrylander]

Dim one is supposedly so bloody smart yet he totally missed the "London Whale" that cost the bank a small fortune.