With all the bad news coming in from Wall Street and repetitive dreary national news, it’s been easy to miss the housing recovery in Minneapolis and Saint Paul.
So Banks Think There’s No Such Thing as “Too Big to Fail” – The Audacity of Dopes
On Friday the 13th, the Chairman and CEO of J.P. Morgan Chase decided to weigh in on whether a bank could be too big to fail. I’m sure you’re on the edge of your seat wondering which side of this argument he’d be on. I know I’ve been breathlessly waiting for one of the titans of Wall Street to tell me what the best way to regulate their businesses would be. Thank heavens I finally know what to think! Before we evaluate the points, let’s consider the timing and the source. This op ed wasn’t benevolently shared with us in …