Banks

Jamie Dimon’s Worst Nightmare

Over at the conservative American Enterprise Institute blog, James Pethokoukis has an idea that could be a total game-changer for Mitt Romney: he should come out for breaking up the five biggest banks, which control about 70% of …

Jamie Dimon’s Moral Hazard

Jamie Dimon of JPMorganChase once was Barack Obama’s favorite banker, a big backer of the President’s 2008 campaign. But he’s been blowing hard and often when it turned out that Obama was attempting to–gasp!–regulate the banking industry after its wanton recklessness caused the stock market, and the economy, to crash. Dimon has gone on …