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Main » 2013 » May » 03
:)"It's rare for privileged Westerners to see, graphically, what many others experience daily"

May 2, 2013  


April is usually a cheerful month in New England, with the first signs of spring, and the harsh winter at last receding. Not this year.

There are few in Boston who were not touched in some way by the marathon bombings on April 15 and the tense week that followed. Several friends of mine were at the finish line when the bombs went off. Others live close to where Dzhokhar Tsarnaev, the second suspect, was captured. The young police officer Sean Collier was murdered right outside my office building.

It's rare for privileged Westerners to see, graphically, what many others experience daily - for example, in a remot ... Read more »
Category: Society | Views: 472 | Added by: LIBertea | Date: 2013/05/03 | Comments (0)

One year after the infamous Jamie Dimon "tempest in a teapot" fiasco, which promptly turned out to be the biggest TBTF prop-trading desk debacle in history, things were going well for JPMorgan.

On one hand, the chairman of the TBAC (and thus US Treasury advisor and policy administrator), and former LTCM trader, Matt Zames, was just recently promoted to the sole second in command post at the biggest US bank (and 2nd biggest in the world) by assets, and first in line to take over from Jamie Dimon. On the other hand, one of Mary Jo White's former co-workers, and a JPM defense attorney from Debevoise just became h ... Read more »

Category: Economics | Views: 563 | Added by: LIBertea | Date: 2013/05/03 | Comments (1)

Category: Economics | Views: 560 | Added by: LIBertea | Date: 2013/05/03 | Comments (0)

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