I'm no fan of JP Morgan, or modern banking in general, but what kind of politician sees money that has been paid to corporate officers and declares, "You shouldn't have that!" I'll tell you what kind of politician -- a radical left wing extremist.
By your and my standards - yes. By masshole standards he's conservative.
—what disgusts me in all of the J.P. Morgan hoopla is that Jon Corzine—The One’s financial genius is still free after losing a couple billion of other peoples money——
In fairness, I believe Brown was referencing “clawback” provisions in the executive contracts, that allow for the recouping of bonuses paid out in the event they turn out to be undeserved. If the company loses 2 billion because of bad decisions, the company should penalize the decision-makers, consistent with a free marketplace. What I don’t want to see done is the government insinuating itself in the process. My understanding may be incomplete, but I didn’t think Brown was calling for government action.