Tom Ferguson on JP Morgan: "You Can't Believe Anyone [Saying] That Risks Are Controlled"
Tom Ferguson, political science professor at UMass Boston and Alternet columnist, recently wrote about the JP Morgan/Jamie Dimon scandal, pointing out the deep conflicts of interest involved with having Dimon testify. (The title said it all: "Senate Banking Chair Calls Jamie Dimon to Testify, But JP Morgan is His Biggest Contributor!") As an addendum to that, Ferguson recently appeared on The Real News to further discuss the intricacies of the Dimon testimony, which obviously go beyond the individuals at banks and in the government, and require real reform. What's scary is the truth he speaks about about how honest anyone is about anything—including the Eurozone. Watch it here: