JP Morgan

[whisper]

Take away the any implicit government guarantee of performance and make it a strict and explicit guarantee that the government will not protect a bank from their own failures.

That will change the market.

[tommie frazier]

huffpo wants to be on mpc's list it seems.

[Dr T Non-Fan]

Originally Posted by whisper

Take away the any implicit government guarantee of performance and make it a strict and explicit guarantee that the government will not protect a bank from their own failures.

That will change the market.

Government should be protecting citizens' assets from theft. Bank deposits, for example.

[campbell]

wait, did i miss a pun?

[campbell]

Oh, now I see what I didn't catch on the first reading.

[tommie frazier]

i knew puns, but in the soa/gi thread wasn't it over some strained analogies too? i see more analogies here than...i need to.

[campbell]

One extended metaphor or analogy in an article that length is okay.

However, the henhouse one was inept. It didn't even require that henhouse for illustration to give the concept of regulatory capture.

[Guerilla poster]

Originally Posted by Dr T Non-Fan

Meh. Losses happen. make sure they don't kill the company.

Question I still have is: who won? (Or, who lost less than they would have?)
For example: investors shorting JPM.

Be a consumer bank, or be something else, imo.

[Wigmeister General]

I think a mandatory death sentence for rogue and incompetent bankers would work more effectively than #1 & #2

[whisper]

Originally Posted by Dr T Non-Fan

Government should be protecting citizens' assets from theft. Bank deposits, for example.

So keep the FDIC. Let the bank fail.