Some days it’s hard to tell if your glass is half empty or half full. (Politicians can get pretty creative when they describe the state-of-the-glass, but that’s why they take get the big bucks.) But for me today is a really good day. I am proclaiming my “glass at least half full”. In fact it’s exactly … Continue reading
As tempting as it is, I’m not going to pile on JP Morgan for their $4 Billion write-off. Really. I have to give Jamie Dimon credit (sic) for his candid review of the situation: The bank’s strategy was flawed, complex, poorly reviewed, poorly executed and poorly monitored, Mr. Dimon said … He called the mistake … Continue reading