Share |

JPMorgan Swaps ‘Mafia’ Shows Why Finance Spun Out of Control (Bloomberg)

April 30 (Bloomberg) — In early 2006, Jamie Dimon of JPMorgan Chase & Co. grew uneasy about the bank’s plans for a production line to turn Chase Home Finance loans into JPMorgan bonds, writes Gillian Tett in her new book, “Fool’s Gold.”

This entry was posted in Gossip. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>