World-News

Cora Currier, ProPublica: ''Jamie Dimon, the CEO of JP Morgan Chase, faced a Senate hearing over more than $2 billion in bank losses caused by risky hedges that blew up.... Many lawmakers are holding up the losses as evidence of the need for stronger financial regulation. The chairman of the Senate banking committee, Tim Johnson, D-S.D., in his opening remarks, asked for 'a full accounting' of JP Morgan s losses. But through campaign contributions and well-connected staff, JP Morgan appears to have already taken its own accounting of the Banking committee.''

http://truth-out.org/news/item/9789-charting-the-cozy-connections-between-jp-morgan-and-the-senate-banking-committee



Why the Senate Won t Touch Jamie Dimon: How JPMorgan Props Up US Debt

Ellen Brown, Truthout: ''When Jamie Dimon, CEO of JPMorgan Chase Bank, appeared before the Senate Banking Committee on June 13, he was wearing cufflinks bearing the presidential seal. 'Was Dimon trying to send any particular message by wearing the presidential cufflinks?' asked CNBC editor John Carney. 'Was he ... subtly hinting that he s really the guy in charge?'''

http://truth-out.org/news/item/9876-the-jpmorgan-derivatives-propping-up-us-debt-why-the-senate-wont-touch-jamie-dimon

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20 Reasons Why America s Next Bank Holiday Will Be a Nightmare
http://lewrockwell.com/spl4/bank-holiday-nightmare.html



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://freepage.twoday.net/search?q=Senate+Banking+Committee
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Jamie+Dimon
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=JPMorgan
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Cora+Currier
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ellen+Brown
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