Reposted by Cmdr Nhi Vanye I Chya
Holding Govts to Ransom
JP Morgan boss warns of ‘consequences’ if Burnham taxes banks.
Warns of capital flight, lower investment.
Can't recall bankers objecting to bailouts, quantitative easing, subsidies.
They want obedient govts.
Who governs? People v Corporations.
theguardian.com
JP Morgan boss warns of ‘consequences’ if Burnham taxes banks
Higher taxes on sector could threaten plan for £3bn headquarters in London, says Jamie Dimon