It's unlikely that any of Wall Street's criminals will ever go to jail, but maybe if we kick up enough of a fuss, we can get Jamie Dimon kicked off the board of the NY Fed. Not that there's anything wrong with sitting on the board of the agency that's supposed to oversee you, of course! It's been this way for so long, they don't even understand why we'd be upset about it:
JPMorgan Chase & Co.
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Massachusetts Senate hopeful Elizabeth Warren hit the morning show circuit today to call for JPMorgan CEO Jamie Dimon's resignation from the New York Federal Reserve Board in the wake of his bank's shocking two-month $2 billion loss... Read Post
In the wake of JPMorgan Chase's $2 billion Fail Whale trade and the ensuing federal investigation into violations of disclosure laws, US Senate candidate Elizabeth Warren has called on JPM CEO Jamie Dimon to resign from his position... Read Post
For those wondering why we have such a failed banking system, take a look at how it works. People like Jamie Dimon are sitting on the board of the NY Federal Reserve, the board that is supposed to be keeping an eye on Wall Street. T... Read Post