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Posts Tagged ‘risky investments’

Feeling lucky?

Monday, May 21st, 2012

bankCOLOR Feeling lucky?The $2 billion (or 3 or 5) debacle at JP Morgan Chase was an unwelcome reminder that banks are still taking outrageous risks that they didn’t used to.  As Elizabeth Warren likes to say, banking is  supposed to be boring.  Time to ditch the exotic derivatives and get back to some good, old-fashioned boring banking that doesn’t take the rest of the economy along with it when it does something reckless.

Tags: bank regulations, banks, casino, derivatives, gambling, risky investments
Posted in Cartoons, Commentary | No Comments »

Deja vu, again

Monday, May 14th, 2012

chaseCOLOR Deja vu, againHmmm.  A ginormous financial institution gambles with depositors dough and loses BILLIONS.  Head of said financial institution, ironically, has been the poster boy in a Wall Street campaign to avoid having any government regulations imposed on them to avoid such risky behavior.  Conservatives continue to preach that the country’s financial situation would be okey-dokey if only government regulators got out of the way and let the free market do its magic.  The operative word here being “magic.”

Tags: finances, financial derivatives, JP Morgan, risky investments
Posted in Cartoons, Commentary | No Comments »

Stuart Carlson is an award-winning political cartoonist. His work is nationally syndicated by Universal Press Syndicate. Read more >>

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© 2013 Stuart Carlson.