Tag Archives: Chase Isn’t The Only Bank In Trouble

Matt Taibbi – Chase Isn’t The Only Bank In Trouble – 8 November 2013

154px-Matt_TaibbiI’ve been away for weeks now on a non-financial assignment (we have something unusual coming out in Rolling Stone in a few weeks) so I’ve fallen behind on some crazy developments on Wall Street. There are multiple scandals blowing up right now, including a whole set of ominous legal cases that could result in punishments so extreme that they might significantly alter the long-term future of the financial services sector.

As one friend of mine put it, “Whatever those morons put aside for settlements, they’d better double it.”