It’s funny to watch the guys from JPM asset management flogging global stocks in the media while the JPM economists are doing stuff like this.
Your morning linkfest, done right.
The XLF patch has now officially been declared a disaster zone by FEMA.
More support for the Volcker Rule will lead to spin-offs galore in the financial services industry. Guess who benefits.
Links for today.
The Volcker Rule announced, prohibiting risky business by banks and bank holding companies.
A former Reagan staffer explains why the tax on giant bailed-out banks is actually a fiscally conservative proposal.
Why did Blankfein and Dimon come off as though crises are normal every 5 years and this one was an act of nature, not of man? Have they learned nothing?
The Too Big To Fail Tax is a step in the right direction, despite Jamie Dimon’s mostly true defense of big US banks.
My Fave Links of the Day