Here, here to Jamie Dimon, whose remarks on the restrictions within the Troubled Assets Relief Programme on US banks hiring foreign employees I could not improve upon:

Rules preventing US banks from hiring foreigners are a “complete and utter disgrace” and could prompt overseas governments to retaliate against American expatriates, Jamie Dimon, chief executive of JPMorgan Chase, warned on Tuesday. Read more

There is plenty of amusement to be had from reading Donald Trump’s deposition about how he calculates his riches. But I have some regard for his admission, reported in the Wall Street Journal, that his methodology is partly subjective:

“My net worth fluctuates, and it goes up and down with markets and with attitudes and with feelings, even my own feeling,” he told lawyers in the December 2007 deposition . . . Read more

The trove of documents and emails about Hank Paulson’s banking system bailout last October, uncovered by Judicial Watch, are interesting not only for the emails exchanged among Treasury officials but the light they shed on what has become a very controversial topic.

Did Mr Paulson force the nine biggest banks in the US to become partly-owned by the government, or did they take capital because they feared for their existence amid financial turmoil? Read more