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Legal Commentary

: Res ipsa loquitur

JPMorgan Chase Executive Admits that Bailout Will Be Used Not To Make New Loans But to Buy Other Companies

By jonathanturley

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For those who opposed the massive bailout, a report in the New York Times may be little surprise.  A reporter was able to get into a telephone conference call with JPMorgan Chase to hear executives discuss the $25 billion it received from Congress.  Just four days after the bailout, JPMorgan Chase?s chief executive, Jamie Dimon [...]

Full post as published by Res ipsa loquitur on October 28, 2008 (boomark / email).

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