Friday, October 25, 2013

JPMorgan Chase — Too Big To Fail AND Too Big To Jail

A search of this blog — using the "Seach This Blog" tool (powered by Google) — brought up two-dozen (??) posts containing "JPMorgan Chase":

07/19/2008
10/26/2008
04/03/2009
04/21/2009
01/13/2010
04/29/2010
05/26/2010
06/18/2010
08/06/2010
08/07/2010
11/17/2010
12/02/2010
12/04/2010
01/09/2011
02/11/2011
02/19/2011
03/30/2011
07/04/2011
10/31/2011
02/23/2012
07/17/2012
10/07/2012
05/26/2013
01/08/2013

It would seem that JPMorgan Chase is not only too big to fail, but it's too big to prosecute. If this is (fair & balanced) legal folly, so be it.

PS: In earlier days, this blog employed a font-size that looked like the print in a JPMOrgan Chase financial document. However, your browser has a Zoom-command in its tool menu. Spare your eyesight and read away.

[x The Nation]
JPMorgan Cops A $13 Billion Plea
By The Deadline Poet (Calvin Trillin)

Tag Cloud of the following piece of writing

created at TagCrowd.com

They touted securities they knew were trash.
The government’s case plainly shows
They’re willing to profit from bucket-shop scams,
Although they wear much nicer clothes. Ω

[Calvin Trillin began his career as a writer for Time magazine. Since July 2, 1990, as a columnist at The Nation, Trillin has written his weekly "Deadline Poet" column: humorous poems about current events. Trillin has written considerably more pieces for The Nation than any other single person. A native of Kansas City, MO, Trillin received his BA from Yale College in 1957. He served in the army, and then joined Time.]

Copyright © 2013 The Nation



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