Detailed text transcripts for TV channel - MSNBC - 20120516:15:26:00
Jamie dimon was able to get that -- isnt it like a pet -- >> it was stupid as jamie dimon might have actually been an attempt to make a profit on a trade, it was badly supervised. it was badly implemented. all of those things are right. but these $2 billion. it reduces their profitability for a quarter or so is not a systemic risk. whats really ironic to me, is that when the system almost failed and stan oneil of merrill lynch and dick fold at lehman brothers, the guys who run aig, golden west a...
Source: news source