Too Big Fail, Psychopaths Roam Wall Street & More

UPDATE: Link here to the article Sam references about Psychopaths on Wall Street.

The two billion dollar loss at JP Morgan Chase and its CEO Jamie Dimon wins a TV mulligan.  Colin Powell says, if you screw up…own it!  Psychopaths, why they’re perfectly at home on Wall Street.   Also, how the NYPD’s “profiling” numbers beat out population numbers (even tho they don’t profile….shh!).  And Facebook co-founder reaps benefits of America, then says “Tchau!”  Your calls and IMs.  This and more.  Click thru, Rep. Peter King get testy on CNN.  Use this post as today’s thread.

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11 Responses to Too Big Fail, Psychopaths Roam Wall Street & More

  1. economist says:

    The danger is that JPM says it was NOT a rogue trader. If the “good” bank which is well managed cannot avoid these types of losses, then the only reasonable conclusion is that such losses are systemic of banking. Thus all banks should be small enough so when these expected random losses occur, the collapse of a single bank does NOT collapse the economy :-(

  2. Sam, don’t forget, Matt Taibbi’s father works for NBC. Mike Taibbi is his dad!

  3. Emily Douglas ‏ @EmilySDouglas

    Losses at JP Morgan making you curious about the Volcker Rule? Check out our explainer with @rortybomb: http://thenat.in/A5hjDj

  4. Sam, what do you think about Tamron Hall taking on Tim Carney and cutting his Mic?

  5. Bernie Sanders ‏ @SenSanders

    #JPMorgan Chase was used by the Fed as a clearinghouse for the Fed’s emergency lending programs. http://www.sanders.senate.gov/newsroom/news/?id=9d4eb763-7e9c-4dce-a0ba-99e50818f5c7 #Fed #WallSt

  6. Steve Weinstein ‏ @steveweinstein

    OH look, another rich asshole: What Eduardo Saverin owes America. (Hint: Nearly everything.) http://pandodaily.com/2012/05/12/what-eduardo-saverin-owes-america-hint-nearly-everything/ via @pandodaily

  7. Thanks for mentioning Tom Gabel. She is going to have it rough. In America the fight for trans rights is going strong in a very quiet way because with the spike in murders the swing back is dangerous. Our invisibility is sad but maybe it was for the best. I don’t know what sites Matt goes to because I have seen the meanest diatribes I’ve maybe ever felt. But, the few words by yourself, Sam, makes a difference. Thank again, even if Tom is a suspect character otherwise. I love my vinyl collection.

  8. tonyfaulkner@mac.com says:

    Everyone. You MUST read supergenius Jon Ronson’s book “The Psychopath Test.” Also everything else he’s written. And watch all of his videos.

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