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Dagmar, MT | I was spraying this am & listening to this on cnbc. Our fine Senator Tester went on a diatribe trying to convict Dimon and JP Morgan for the MF Global collapse. Hope he saves some of that gusto for Obama's good buddy Corzine. Senator Demint put it best when he stated something to the effect, "We here in Washington lose over a trillion every year, If congress had a clawback rule none of us would ever get paid" One jack-off couldn't figure why JP kept so much cash on hand. Dimon handled it well, tried to explain that being the biggest of the biggest banks meant at any minute any single client might need tens of billions. Dimon's pretty sharp and very well-spoken. | |
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dimon and capital hill.......
