Thursday, June 9, 2011

Banks Will Do Anything to Go Back to the Old Ways!

Right on cue, Jamie Dimon from JPMorgan is complaining about too much regulation and actually blaming the slow economic recovery on bank regulations.  Talk about spin!  JPMorgan will rake in more than $20 billion this year and he's complaining?  These guys are trying so hard to twist the facts to serve their own purpose—fat bonuses with no regulatory oversight!  And they have the money and lobbyists to make it happen.