dagblog - Comments for "FsOCK YOU, GEITHNER. BUT THANKS."

Thanks Destor. It seems Jamie

Oxy Mora — Fri, 21 Jan 2011 04:56:47 +0000

In reply to Hey Oxy, I think your link is

Thanks Destor. It seems Jamie has well leveraged a Harvard MBA and is in himself TBTF.

Thanks for that Artsy. It's

Oxy Mora — Fri, 21 Jan 2011 04:45:04 +0000

Thanks for that Artsy. It's maybe the best of Johnson's article and documents some of the best arguments against mega banks.

I had found the St. Louis Fed paper a couple of weeks ago, right about the time Dimon was making his remarks about "economies of scale".

I found the full

artappraiser — Fri, 21 Jan 2011 02:17:12 +0000

In reply to Hey Oxy, I think your link is

I found the full link:

http://economix.blogs.nytimes.com/2011/01/20/tunnel-vision-or-worse-from...
January 20, 2011, 5:00 am
Tunnel Vision, or Worse, From Banking Regulators
By SIMON JOHNSON

Hey Oxy, I think your link is

Michael Maiello — Thu, 20 Jan 2011 20:49:16 +0000

In reply to FsOCK YOU, GEITHNER. BUT THANKS.

Hey Oxy, I think your link is missing something, it dead-ends for me.

As for Dimon and economies of scale, he's figured out precisely one over the course of his career -- you get paid more to run a giant bank than a large one. He followed the money from Bank One to the moon.