Thursday, May 17, 2012

Dimon grilling

Soon, maybe next week, for sure before June the camera's will be rolling as government interrogation of Jamie Dimon commences.   They will be scrambling for camera shots, Dimon will have his best blue tie on and no doubt be practicing some form of contrition before them.

Grab some popcorn and enjoy the show.  Watching Senators who are about to demonstrate to the world just how little they understand about modern IG9-tranche pair trades will be funny.   And so very sad.

Would you call it grandstanding as the system implodes?  Naw, that sounds far too Greekish.

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