iOS app Android app

Entries by Mark A. Calabria from 05/2012

JPMorgan Losses Do Not Make the Case for Regulation

| Posted 05.15.2012 | Business

President Obama and others have used the recent $2 billion loss by JPMorgan Chase as a call for more regulation. What the president and his allies miss is that recent events at JPMorgan illustrate how the system should -- and does -- work.