Thursday, March 31, 2011

How About Prison, Then?

That's what the state AGs should say.
Some of the State AGs, including the lead on the investigation, Miller, as well as federal regulators and administration officials appear to be looking toward principal forgiveness as the punishment the banks should pay. But as recently as last night, JP Morgan Chase's [JPM Jamie Dimon told reporters, "Yeah, that's off the table."