Can you believe what Jamie Dimon, the CEO of JP Morgan Chase, the original source and current master of the derivative and main benefactor of the current financial crisis, said to the Senate?
He (or should that be David Rockefeller?) has asked Congress that the TBTFs should not be stopped from trading in derivatives.
[source : Dimon warns on derivatives reform, FT 19/5/2010]
Never mind that his bank JPMC started, controls and benefits the most from such trading!
UNBE-FUCKING-LIEVABLE!
Perhaps in a veiled threat, as was issued just before the TARP (or should that be the TRAP?), Dimon warned that markets might get disrupted and destabilised if they can't fuck the world even more with these derivatives!!
IN-FUCKING-CREDIBLE!
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