Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
Friday, January 14, 2011
The anger grows...........
"If banks can afford to pay billions in bonuses, they can clearly afford to be taxed a great deal more. A £20bn Robin Hood tax in the UK would help avoid the worst of the cuts and show we are all in this together," said David Hillman, spokesman for the Robin Hood Tax campaign. "While bankers wallow in cash, the general public are suffering unemployment and cuts to public services," Hillman added.
The figures were released after JP Morgan Chase kicked off the US banking reporting season by reporting a 47% jump in profits for the last quarter of 2010. America's second largest bank beat Wall Street forecasts, thanks to an improved performance from its retail banking and credit card operations.