⟳ Репост от Frannanigans D
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.
JP Morgan boss warns of ‘consequences’ if Burnham taxes banksHigher taxes on sector could threaten plan for £3bn headquarters in London, says Jamie Dimonwww.theguardian.com