Today’s Politico features a story by Anna Palmer and Manu Raju on the difficulties Republicans are having raising money on Wall Street. The article quotes billionaire Republican John Catsimatidis, who recently announced he was running for New York City mayor, as follows: “If President Obama shows that Washington is more the middle of the road,…
Tag: Wall Street assholes
Jamie Dimon, seriously in need of a third hand*
“Paul Volcker by his own admission has said he doesn’t understand capital markets. He has proven that to me,” famously sneered JPMorgan Chase CEO Jamie Dimon earlier this year, irritated by Volcker and his “Volcker Rule” that claims that banks should not be allowed unlimited scope in engaging in “risk management.” Well, that was, you…