An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, May 11, 2012
I will be on "Rewind with Matt Miller" on Bloomberg TV tonight at 8pm EDT
I will be co-hosting "Rewind with Matt Miller" on Bloomberg TV at 8pm EDT.
Here comes the spin: "And just like that, the storied annals of Wall Street can now add "London Whale" to a growing list of infamous traders who have blown themselves up and left their employers with a hefty bill. In the case of JP Morgan (JPM) and its $2 billion blunder, the infraction appears well contained and not threatening. "
Looks like the JPM pr machine is trying to spin this as a "rogue trader" type of thing....
Mike perhaps some info for tonite:
ReplyDeleteHere comes the spin: "And just like that, the storied annals of Wall Street can now add "London Whale" to a growing list of infamous traders who have blown themselves up and left their employers with a hefty bill. In the case of JP Morgan (JPM) and its $2 billion blunder, the infraction appears well contained and not threatening. "
Looks like the JPM pr machine is trying to spin this as a "rogue trader" type of thing....
http://finance.yahoo.com/blogs/breakout/another-rogue-trader-jp-morgan-2-billion-loss-162431768.html
Resp,
Good luck! Please post vid/link when available.
ReplyDeleteGreat work on Bloomberg, Mike!
ReplyDeleteI think they will like the fresh ideas you present.
At some time in the future you have to mention MMT on TV.