Monday, October 21, 2013
Jamie Dimon Complains More, As JPMorgan Chase Losses Eclipse $30 Billion
http://www.huffingtonpost.com/mark-gongloff/jamie-dimon-jpmorgan-chase_b_1533126.html. Due 28 Oct 2013. What did JPMorgan do wrong? How much are their current calculated losses and how big of a fine will they have to pay? What is the Volcker Rule and do you think it is a good idea?? How much government control is necessary in a free market economy?
Friday, October 11, 2013
JP Morgan Chase Sells Off All Short-Term Government Debt
http://www.huffingtonpost.com/2013/10/10/jpmorgan-chase-government-debt-sells_n_4080996.html. DUE 21 OCT 2013. Why do banks invest in US bonds in the first place?? Why are the banks selling off their bonds?? What does the impending debt ceiling have to do with selling off the bonds?? Is the US Economy in trouble?
Tuesday, October 8, 2013
The Government Shutown Trickle-Down
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