Davos: How Jamie Dimon & JPMorganChase Endanger The Public Safety


By Steve Denning – Let’s suppose that in response to the growing public concern about the practice of gambling in cockpits, the head of the most active gambling airline went to Davos and announced that it was none of anyone’s business how much gambling in cockpits was going on.

The obvious reaction would be: why are the airlines gambling in the first place? Why don’t they get back to flying airplanes?

Similarly the reaction to Jamie Dimon when he makes similarly preposterous claims for the big banks in Davos should be: “Why don’t you stop gambling with other people’s money in zero-sum games that benefit no-one but yourself, and get back to focusing on financing the world’s real economy?” more> http://tinyurl.com/al33tds

About these ads

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s