http://www.npr.org/player/v2/mediaPlayer.html?action=1&t=1&islist=false&id=152480789&m=152480764
He may have "egg on his face," but I'll bet this CEO has tens (hundreds?) of millions tucked neatly away to salve his embarrassment:
http://timesofindia.indiatimes.com/business/international-business/JPMorgan-loses-2-billion-CEO-Jamie-Dimon-admits-egg-on-face/articleshow/13095881.cms
The pigs were trying to squeeze through a legal loophole:
http://www.slate.com/blogs/moneybox/2012/05/10/jp_morgan_volcker_loophole.html
Look at this picture and imagine the company and its employees:
http://en.wikipedia.org/wiki/File:Little_Piggies.jpg
And they wonder why we hate them... all we want is for them to honestly and prudently manage our modest retirement funds so that we might enjoy a measure of security and relaxation in our old age.
But they NEVER will, so long as they can glut themselves at our expense.
No comments:
Post a Comment