Tag Archives: Great Meltdown

Fatal Risk

Posted on May 12, 2011 by John Winslow

To FINANCIAL TIMES Letters Sir, FATAL RISK: A Cautionary Tale of AIG’s Corporate Suicide by Roddy Boyd, is a “sober work … researched extremely thoroughly,” FT, April 21, 2011, reports. AIG’s suicide “is one of monumental complexity.”  The mechanics of the … Continue reading →

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Colombian Friends Will Cause Havoc

Posted on February 7, 2011 by John Winslow

JPMorgan Chase rigged the New York Stock Exchange, acquiring funds to acquire other banks, to balloon itself into Too Titanic to Let Sink, The Acquisitors, Chapter Four. JPMC then bought Madoff funds for itself and its customers. Through those banks it acquired, … Continue reading →

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Break Back to Size

Posted on December 20, 2010 by John Winslow

“We caused a lot of carnage…. Poor business judgments we made have affected Main Street,” Bank of America CEO, Brian Moynihan, told The Washington Post, December 5, 2010. But why would the nation’s largest bank make terrible mistakes spreading across the … Continue reading →

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