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MarkGB 

"Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world" - Henry Kissinger

and yet...

"Sooner or later everyone sits down to a banquet of consequences" – Robert Louis Stevenson

Jamie Dimon - suppressing the truth with power

In response to FT Week in Review by Tom Braithwaite on 16th January 2015, entitled Jamie Dimon returns to bombastic form'

http://www.ft.com/cms/s/0/20433c44-9d7f-11e4-9b22-00144feabdc0.html#ixzz3P0nquqks

"He wrapped his bank in the flag...he has always had the biggest presence of the current crop of Wall Street titans, a legacy, in part, of his longevity at JPMorgan but also his history of speaking truth — as he sees it — to power"

What does it say about the state of the financial system, the wider world, and the country that the flag represents, when one firm pays out circa $30bn in fines and settlements, but no-one, that's absolutely no-one, goes to jail? 

He may see himself telling truth to power; I think suppressing truth with power is a more accurate description.

People are not afraid of falling prices - governments and central bankers are

Jimmy the Diamond says breaking up JPMorgan would hurt US financial power