Relevant:
- Jamie Dimon's SNAFU: JPMorgan's Other Derivatives' Losses
- Tim Geithner On Dimon: Federal Reserve Banks Have 'Perception Problem'
- Tim Geithner On Dimon: Federal Reserve Banks Have 'Perception Problem'
- Tim Geithner On Dimon: Federal Reserve Banks Have 'Perception Problem'
- Janet Tavakoli: JPMorgan's Chief is the World's Funniest Financier
2010-02-16 — blogspot.com
"Clearly the goal was not to protect taxpayers, but rather to protect JPMorgan from losses it would have had taking unsecuritized garbage on its books at full value. Instead the trash was passed to the Fed. The treasury [taxpayers] will eventually own that garbage some point down the road."
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