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Is Jamie Dimon (JPM -0.9%) right when he says new Basel III rules are "anti-American" in nature?...

Is Jamie Dimon (JPM -0.9%) right when he says new Basel III rules are "anti-American" in nature? The Atlantic's Daniel Indiviglio doesn't think so, writing that forcing higher cap rules on mega banks actually promotes growth - not limits it. He throws out a rejoinder to Dimon and other execs that an easy solution for banks wanting to see smaller capital requirements is right in front of them - break themselves up.
Comments (5)
  • Michael Stuart
    , contributor
    Comments (149) | Send Message
     
    Umm, shouldn't that be JPM instead of C?
    12 Sep 2011, 12:28 PM Reply Like
  • golongcheckdownmkt
    , contributor
    Comments (40) | Send Message
     
    Is Jamie Dimon managing Citibank & JP Morgan Chase now??
    12 Sep 2011, 12:29 PM Reply Like
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    I'm surprised that he'd have time to manage either with all the time he spends whining.
    12 Sep 2011, 12:41 PM Reply Like
  • tjohn1
    , contributor
    Comments (152) | Send Message
     
    This is another cry for bailout from our bailout addicted banking industry! Our bankers destroy themselves through bad management. They turn for a handout from our great government which destroys itself through wars and living beyond its means. Since both our bankers and our government are failures, we all should turn to God for our ultimate bailout! The real question is which God?
    12 Sep 2011, 01:05 PM Reply Like
  • Colin Lea
    , contributor
    Comments (579) | Send Message
     
    That's pretty funny. Perhaps management of Lehman Bros, Fannie Mae and Freddie Mac might like to offer comment?
    12 Sep 2011, 02:04 PM Reply Like
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