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rp1 | 4 years ago

This would be more convincing if you had specific reasons, unrelated to the enforcement, that JPM shouldn’t be punished for this.

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vmception|4 years ago

no, I don't, I think Gary Gensler is uniquely dangerous and that the oversight is inadequate. Its not about JP Morgan. Its about him exercising his craftily accumulated power. Would have totally flown under my radar if it was just the SEC for now, or just the CFTC for now. But the simultaneous thing rings the alarms for me.

rp1|4 years ago

Normally people say that power is being wielded dangerously when the power is used to do something disagreeable. Simply enforcing the law correctly doesn’t seem dangerous to me.