Sen. Bernie Sanders of Vermont has released the names of the beneficiaries of our government’s largesse, in a report with the catchy title called “Jamie Dimon Is Not Alone,” after the JPMorgan Chase CEO who told Congress on Wednesday that he couldn’t justify the business practices that led to the most recent financial meltdown. Boiled down?
More than $4 trillion in near zero-interest Federal Reserve loans and other financial assistance went to the banks and businesses of at least 18 current and former Federal Reserve regional bank directors in the aftermath of the 2008 financial collapse
So who got bailed out? Not you.
You can read the names here: 061212DimonIsNotAlone
MMMMMM….. do I sense a conspiracy?
I suspect you smell something.
That’s just Bernie.
How come our leaders (all of them seem to do it regardless of party) turn the running of the country over to those in a position to feather their own nests with the power they’ve been handed?
Seems like the equivalent of the senior prom king and queen being put in charge of chaperoning an all-night co-ed naked sleep-over party where lots of alcohol is served. It’ll be just fine, right?
Why, because Rich Business Leaders ALWAYS know best, right?
If I shoplifted a pack of gum, my ass would be in jail in a New York minute….yet, not so much for these guys….
What you said.
And now there’s this:
US Trade Agreement Leak Reveals ‘Radical New Powers’ for Multinational Corporations
I wonder if he’s going to mention that in his speech in Ohio today. I bet Romney will.
Capitalism…what a concept.
Jamie Dimon is certainly not alone.
ProPublica charts the connection between Diamond Jamie and the Oh-So-Concerned Banking Committee.
The new head of the OCC says “No more coddling of the banks!”
Gawd. And AmEx just jacked up my interest rate to 25% for being late with a payment.
Is this country great or what? Just LOOK at all the opportunities to make money here!
If only I’d been born with a silver spoon in my mouth. Do you think people who are use it to scoop up money later? Or do they eventually get silver shovels?
Or putting it another way: is it hard for people born on third base to get to home plate?
Stole this from Annie Clark’s comment on your FB page: Matt Taibbi in Rolling Stone: http://www.rollingstone.com/politics/blogs/taibblog/senators-grovel-embarrass-themselves-at-dimon-hearing-20120615
The Banking Committee hearing in ! minute and two seconds.
OOPS! (1 minute and two seconds.)
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