Comments on: The Spectre of Nationalization http://understory.ran.org/2009/01/26/the-spectre-of-nationalization/ The Understory is the official blog of Rainforest Action Network. Sat, 20 Mar 2010 18:42:41 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Annie http://understory.ran.org/2009/01/26/the-spectre-of-nationalization/comment-page-1/#comment-292712 Annie Thu, 29 Jan 2009 15:58:59 +0000 http://understory.ran.org/?p=2112#comment-292712 All this talk of nationalizing the banks, and what that might mean apparently has got some people feeling defensive. Check out this quote from a Reuters article from this morning: JPMorgan would be fine if we stopped talking about (the) damn nationalisation of banks … we’ve got plenty of capital,” Chief Executive Jamie Dimon said at the annual meeting of the World Economic Forum in Davos, Switzerland. This is a bold statement from one of the most prominent CEO's in the banking industry, I bet Citi and Bank of America CEO's would love to say the same thing. All this talk of nationalizing the banks, and what that might mean apparently has got some people feeling defensive. Check out this quote from a Reuters article from this morning:

JPMorgan would be fine if we stopped talking about (the) damn nationalisation of banks … we’ve got plenty of capital,” Chief Executive Jamie Dimon said at the annual meeting of the World Economic Forum in Davos, Switzerland.

This is a bold statement from one of the most prominent CEO’s in the banking industry, I bet Citi and Bank of America CEO’s would love to say the same thing.

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