Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.
There he goes again. Wall Street is fighting tooth and nail to emasculate the Dodd-Frank Bill, focusing its artillery on the Volcker Rule, namely those sections calling for the elimination of proprietary trading by banking institutions.
Next week President Obama travels to Wall Street where he'll demand that financial regulations be strengthened and big banks be broken up. I'm kidding. But that would be a smart move -- politically and economically.