Jon Lord, RIP - 7/17/2012
Here's what we're following this morning:
(via When in Doubt)
Is Jamie Dimon really Master of the Universe? - Chris Whalen via Zero Hedge | The willingness of Dimon to put JPM in the path of vast, potentially catastrophic risk is something that the bank's customers and investors ought to consider.
The real LIBOR scandal - Paul Craig Roberts and Nomi Prins at Lars Schall | The bailed-out banks in the US and UK were only returning the favor provided to them from the Fed and the Bank of England.
At the precipice of war - Counterpunch | We are seeing a massive military build-up in the ME region on a scale not seen since prior to the 2003 invasion of Iraq. And that went swimmingly, didn't it?
Drug money and terrorism fuel HSBC - Russia Today | Their culture was pervasively polluted, says the senate report. Pot, meet kettle.
Senate republicans fight to protect secret donors - Mother Jones | So much for shining light on the dark money in US politics these days.
America's drones are homeward-bound - Truthdig | Did you know that there's a drone base (Tiger Moth UAS) at Camp Atterbury?
Bill Moyers talks greedy banks - Bill Moyers | An honest discussion about the lawlessness of our banking system and the prognosis for meaningful reform. Standing in the way of that reform, however, is a lot of money from special-interest lobbyists.
IMF warns of looming risk to recovery - Financial Times | "...indeed a bit weaker...." To say that these growth estimates are misleading is giving them the benefit of the doubt. Prepare for revisions, and prepare for these revisions to be based on the silliest of things. Like the truth.
From Penn State to Wall Street: a leadership crisis - Sense on Cents | Monsters preying on children. Monsters preying on the working class. Monsters preying on your retirement. Monsters preying on your expectations of a Reasonable Tomorrow.
Meet a real-life master of disguise - io9 | If you notice, his face is the same in each photo; what you're keying-in on are the eyes, nose, and all the other noise in the pictures. (Hint: if your hedge fund manager does this, too, you may want to file the liquidation request.)