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View Diary: Gigantic Journalistic Investigation Begins Ripping Mask Off Bank Secrecy (89 comments)

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  •  You see no conflict of interest (1+ / 0-)
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    elwior

    in Jamie Dimon's influence over how the NY Fed disburses taxpayer dollars?

    He gets to decide how much of our money his bank gets to borrow, at what interest rate, and then lend it out for a profit?

    Reaganomics noun pl: belief that unregulated capitalism can produce unlimited goods for unlimited people on a planet with finite resources and we the people can increase revenue by decreasing revenue.

    by FrY10cK on Wed Nov 28, 2012 at 10:40:57 AM PST

    [ Parent ]

    •  I never said there wasn't. (0+ / 0-)

      You seemed to be asking why Dimon was on the board, so I explained.

      •  And a good explanation it was. (0+ / 0-)

        Thank you.

        Reaganomics noun pl: belief that unregulated capitalism can produce unlimited goods for unlimited people on a planet with finite resources and we the people can increase revenue by decreasing revenue.

        by FrY10cK on Wed Nov 28, 2012 at 11:37:16 AM PST

        [ Parent ]

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