Heh. At an honest casino, losers have to leave the table:
(CBS/AP) Democratic U.S. Sen. hopeful Elizabeth Warren is calling on the CEO of JPMorgan to resign from the Board of Directors of the New York Federal Reserve Bank after the largest bank in the U.S. claimed a surprise $2 billion loss by one of its trading groups.
Warren, who is challenging Republican Sen. Scott Brown for the late Sen. Edward Kennedy’s former seat, helped create the Consumer Financial Protection Bureau. She says in a statement Saturday that Americans are frustrated that Wall Street has not been held accountable for one of the biggest financial crisis in generations and doesn’t appear to consider itself responsible.
She says the resignation of JPMorgan’s Jamie Dimon would signal to Americans that “Wall Street bankers get it” and to “show that they understand the need for responsibility and accountability.”…
Warren to Dimon: Don’t Go Away Mad, Just GOPost + Comments (61)