Doug Henwood wrote: > JP has long been called "the second Fed" by people in the financial markets > - it's long had an almost quasi-official status. Greenspan was on its board > before ascending to the top of the Fed. It's not surprising at all that they > turned to JPM Chase for the BS bailout.
wasn't it JP Morgan himself who played a Fed-like role before the Fed was established? or am I confusing him with another magnate? -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
