Tag Archive for Implosion

Dimon may be ‘stupid’ but he’s right on banks – David Weidner- MarketWatch

NEW YORK (MarketWatch) — Jamie Dimon is right. Regulation is making things worse on Wall Street. The Dodd-Frank Act has cost banks hundreds of millions in profits and has done nothing to prevent: — J.P. Morgan Chase & Co.’s big trading loss. — MF Global’s implosion and $1.6 billion in lost customer funds. — Goldman…

Happy Anniversary Bad News Update

by Spock Sept. 5 (Wall Street Examiner Wire) — Okay, it’s now been a full year since the implosion of Fannie, Freddie, the FHLBs, and the rest of the financial gamblers on the weekend of September 7th-8th, 2008″ So, what’s changed? Or a more appropriate question should be: “What HASN’T changed?” Well, here is a…