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Overnight Open Thread

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Gus5/12/2012 6:57:27 am PDT

re: #137 Gus

Another one hot off the press…

When Will They Learn?
By JOE NOCERA
Published: May 11, 2012

For much of the last three years, as the Obama administration and Congress have grappled with how to rein in a financial system that had lost both its moorings and its ethical compass, no one has been more vocal in his opposition to a more regulated banking system than Dimon. He has complained repeatedly about higher capital requirements. He has said that some proposed regulations were “anti-American.” He has consistently flayed the Dodd-Frank financial reform legislation, which was ultimately Congress’s attempt to prevent another Lehman Brothers-style meltdown.