Posted on 15 March 2013. Tags: Jamie Dimon, JPMorgan Chase, SAC Capital, Steven Cohen
Well, the answer is probably no — at least so far. I’m all for the Treasury socking away some money. But, the money collected for these pathetic fines (pathetic in the big scheme) does not come close to outweighing the pain these manipulators, crooks, big-shot financiers imposed on tens of millions of people around the globe. It’s a travesty.
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Posted in General Interest
Posted on 26 April 2011. Tags: 2012 Elections, Barack Obama, Campaign Finance, Democrats, Fairness, Financial Power, Greed, Hedge Funds, Insider Trading, Republicans, SAC, Steven Cohen, Taxes
When you swim with piranhas and think they are your friends, well, you’ll eventually get a rude lesson. Especially if you do just a little thing to hurt their interests. So, it is with the folks on Wall Street, and, in particular, the hedge fund world: they are pouring huge amounts of money into […]
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Posted in General Interest