"This one's on you Ben," writes David Schawel, not blaming the Chairman for the JPM failure, but...

|By:, SA News Editor

"This one's on you Ben," writes David Schawel, not blaming the Chairman for the JPM failure, but for creating an environment in which investors (including banks) have no alternative but to seek out risk to get returns. Another example: The explosion in AUM at mortgage REITs which use high leverage to generate returns. "These will blow up at some point."