On the recordJune 18, 2012
If the American taxpayer bails out JPMorgan, they would be bailing out that London entity as well.
Source
congress.govIf the American taxpayer bails out JPMorgan, they would be bailing out that London entity as well.
Gensler warns that U.S. bailouts could extend to foreign branches of banks.
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I really strongly believe in our constitutional system do it by the law, and how the courts interpret the law.
That is because--and with all respect, that is because they are choosing to try to not comply with U.S. law.
If I can say, breaking the law and not liking the law are different than lack of clarity.