2 ms·
There is a lot of blame to go around but It would be nice for people to actually realize what is obvious post-factum was not really obvious at the time. I had f
by qaq 8y ago
There is a lot of blame to go around but It would be nice for people to actually realize what is obvious post-factum was not really obvious at the time. I had friend who was VP at JPM and prior to crisis when all the banks were posting record profits Jamie Dimon started unwinding some risky positions and taking write downs, there was a lot of heat from shareholders and if it was someone of lesser statue that person most likely would back down or even get ousted.