Preaching the gospel of evidence, experiment and reason since 2003.
The heads of JPMorgan, Bank of America and Citigroup avow that a repeat of the 2008 financial crisis is not looming. The Dow falls 520 points.
Maybe it won't be a repeat: maybe this time, when they go bust, we'll let the FDIC handle them, like Sheila Bair wanted to last time.
I worked at one of these banks (won't name it), all are equally bad. And I could not survive even 7 months. I learnt my lesson "Never write software for a bank!"F***ing morons.
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