The next financial crash is preventable, yet nobody is acting to prevent it. Cushion it maybe---"foam the runway" as Timmie Geithner once said--- but that's it.
Jaime Dimon is reported here to have overtly witheld evidence and told regulators to their faces he was going to do it. Unbelievable. Fortunately for regulators, one of his underlings released it anyway--but that is beside the point. This is a profile of Too Big to Fail.
http://news.firedoglake.com/2013/03/18/jamie-dimon-told-regulators-he-would-not-follow-regulations/
