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Lauren Lyster and Heidi Moore infiltrate JP Morgan's mafia hearings in DC!

June 14, 2012 00:30
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As our guest Heidi N. Moore puts it, “the mafia has better disclosure than the banking industry.” Sadly, this type of scrutiny was not applied to Jamie Dimon today. Instead, we saw lawmakers who have JP Morgan to thank as a major contributor asking Dimon how they should better regulate JP Morgan! Plus we wonder if Banker Bonus Arbitrage is upon us, when “toxic” assets unloaded on bankers turn out to be the gift that keeps on giving. We discuss a Reuters report that raised a few eyebrows around the CA studio. Demetri and Lauren give you their take in Loose Change.

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Comments (6)

JT (unregistered) 15.06.2012 21:02

Great show but Heidi Moore is often a mouth peice for the bankers she is talking about now so that she doesn't loose access to her sources. You can find a better jouranlist to cover this topic.

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jamvaru 15.06.2012 17:40

lol, maybe they are doing the best they can?

if the world is ending, then all we can do is 'prop it up' as long as possible

what other option?  likely wwIII

i think we have till next year

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Xander Crews (unregistered) 15.06.2012 06:54

Jamie Dimon I think will always be a survivor. He's sharp, he has style and he is coated in Teflon. I guess it's a case of "hate the game, not the player". People still line up to unload their pockets in these large investment bank casinos. Not everyone is guarenteed a win except the 'house'. You just have to hope Jammie 'Teflon' Dimon doesn't send the 'Bookends' tp take your thumbs if you wind up in a hole. hehehe.

Heidi Moore?... she's one smart gal. Was great hearing her breakdown. Entertaining and concise. Lets have her host Capital Account !

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