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Kabuki dance on Wall Street?
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Kabuki dance on Wall Street?
Jun 22 - JPMorgan Chase’s CEO Jamie Dimon and federal bank regulators are engaged in a "kabuki dance" over capital requirements, that's according to one banking expert. Amar Bhide says that "unless you radically restructure banks, capital requirements are meaningless" because of the lack of transparency on what is on their derivatives books.
Video Length: 226
Date Found: June 22, 2011
Date Produced: June 23, 2011
View Count: 2
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