The Daily Ticker’s Aaron Task interviews William Black about JP Morgan’s massive trading loss and why CEO Jamie Dimon must be replaced with a manager who is not addicted to exploiting federal subsidies ala taxpayers to gamble on financial derivatives.
Here is a direct link.
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Cory’s Chart Corner
Load MoreGreat insight from @EconguyRosie
The spike in Umich consumer inflation expectations is nothing more than a misnomer. The problem is that it is taking place at a time when the working class is losing bargaining power at an alarming rate. Fully 67% of households see higher unemployment over the coming year (was…
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