Geithner's latest FSOC report attempts to buttress JPMorgan but unwittingly provides Progressives a road map to real reform.
Simon Johnson made mince meat of Geithner's latest report which blatently attempts to enable the, imo, Daley-Dimon plan to expand JPM. www.economix.blog.nytimes.com/2011/20.
But thanks to Geithner, the report is the perfect bogey for Progressive bank reformers to dissect for years to come. In other words if this is the best they can do in defense of the status quo, it's a rich target.