Unlike Jamie Dimon, I don't think people should stop picking on bankers. Lest we forget, UBS was fined $1.5 billion for manipulating LIBOR's rate structure and JPMorgan Chase dropped $6 billion in trading derivatives. Copy editors as yet wallow in blood and guts headlines over bankers' foolish, illegal and costly capers.
Unlike Jamie Dimon, I don't think people should stop picking on bankers. Lest we forget, UBS was fined $1.5 billion for manipulating LIBOR's rate structure and JPMorgan Chase dropped $6 billion in trading derivatives. Copy editors as yet wallow in blood and guts headlines over bankers' foolish, illegal and costly capers.
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