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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Zincman who wrote (15507)2/18/2009 3:03:18 PM
From: Little Joe  Read Replies (1) | Respond to of 50500
 
Where is Kafka when you need him.

lj



To: Zincman who wrote (15507)2/19/2009 10:29:52 AM
From: Michael Gaudet  Respond to of 50500
 
From Mr. Dimon in Davos:
Dimon also hit out at the authorities who oversaw the borrowing binge, the collapse of the US subprime mortgage market and the global credit crunch.

'To policymakers, I say where were they?"
he said, adding that the Basel II rules governing how much capital banks hold to back their loans 'didn't work.

Gee, a banker looking for regulations..........


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