And ignorance like that on the part of the public is why Morgan is allowed to regulate itself and claim it has the "best risk control in the business."
May 17, 2012
This Cheap, Penny-Ante Building & Loan
Ann Cleaves, 5/16/12:
Cleaves believes that J.P. Morgan lost $2 billion, not on credit default swaps, but because they weren't willing to loan out their money to small businesses or take small savings accounts.
And ignorance like that on the part of the public is why Morgan is allowed to regulate itself and claim it has the "best risk control in the business."
And ignorance like that on the part of the public is why Morgan is allowed to regulate itself and claim it has the "best risk control in the business."
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