Saturday, May 12, 2012

JPMorgan Used Political Influence With Fed and Treasury to Create London Loss Loophole In Volcker Rule


"It is impossible to calculate the moral mischief, if I may so express it, that mental lying has produced in society. When a man has so far corrupted and prostituted the chastity of his mind as to subscribe his professional belief to things he does not believe, he has prepared himself for the commission of every other crime."

Thomas Paine
Using political influence with the Fed and the Treasury

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