[ Home | Comment | Next | Previous | Up ]
From: chris
Date: 21 Apr 2010
Time: 06:32:12 -0500
http://www.reuters.com/article/idUSLDE63H0E420100418 Rather interesting from Jamie Dimon - described by Simon Johnson as maybe the most dangerous man on earth. "When profits fall too sharply then capital will move somewhere else, where there is more money to be earned, for example non-regulated markets," "particularly of a proposed bailout fee on big banks which he has called a "punitive bank tax". 'non-regulated markets' Well I can think of the art world for one, getting more attention. What you gonna do when the incentivised destroyers come into town.