Tag: responsibility and accountability

Why isn’t Jamie Dimon the fall guy for JP Morgan’s $2 billion loss?

Here’s what I don’t understand – Why is Ina Drew taking the fall for what is basically standard practice at JP Morgan Chase? From Elizabeth Warren: Warren said JP Morgan’s $2 billion loss as a result of risky bets since April this showed Wall Street is still taking risky gambles of the kind that crushed the economy in 2008. “We need to stop the cycle of bankers taking on risky activities, getting bailed out by the taxpayers, then using their army of lobbyists to water down regulations,” Warren said. “We need a tough cop on the beat so that no one

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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