Today, before the Financial Crisis Inquiry Commission, J. P. Morgan CEO Jaime Dimon and other Wall Street Barons testified about their role in the financial crisis. A few days ago, Mr. Dimon commented that J. P. Morgan's operations are run for clients and "it is not a casino." Although Mr. Dimon tempered his comments a bit before the Committee, me thinks he doth protest too much.
Wednesday, January 13, 2010
Wall Street High Rollers on Capital Hill
Today, before the Financial Crisis Inquiry Commission, J. P. Morgan CEO Jaime Dimon and other Wall Street Barons testified about their role in the financial crisis. A few days ago, Mr. Dimon commented that J. P. Morgan's operations are run for clients and "it is not a casino." Although Mr. Dimon tempered his comments a bit before the Committee, me thinks he doth protest too much.
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