Monday, October 21, 2013

Jamie Dimon Complains More, As JPMorgan Chase Losses Eclipse $30 Billion

http://www.huffingtonpost.com/mark-gongloff/jamie-dimon-jpmorgan-chase_b_1533126.html. Due 28 Oct 2013. What did JPMorgan do wrong? How much are their current calculated losses and how big of a fine will they have to pay? What is the Volcker Rule and do you think it is a good idea?? How much government control is necessary in a free market economy?

Friday, October 11, 2013

JP Morgan Chase Sells Off All Short-Term Government Debt

http://www.huffingtonpost.com/2013/10/10/jpmorgan-chase-government-debt-sells_n_4080996.html. DUE 21 OCT 2013. Why do banks invest in US bonds in the first place?? Why are the banks selling off their bonds?? What does the impending debt ceiling have to do with selling off the bonds?? Is the US Economy in trouble?

Tuesday, October 8, 2013

The Government Shutdown Trickle-Down

http://www.huffingtonpost.com/2013/10/07/government-shutdown-effects_n_4060926.html. Due 14 Oct 2013. What do you think about this partial list?? Can we do without all the items on this list?? Should we make the list permanent?? Name 3 items on this list that you would NOT cut.....