Comments on: Counterparties: The knives come out for Jamie Dimon http://blogs.reuters.com/felix-salmon/2012/06/12/counterparties-the-knives-come-out-for-jamie-dimon/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: TFF http://blogs.reuters.com/felix-salmon/2012/06/12/counterparties-the-knives-come-out-for-jamie-dimon/comment-page-1/#comment-40112 Wed, 13 Jun 2012 22:10:25 +0000 http://blogs.reuters.com/felix-salmon/?p=14930#comment-40112 Johnny Damon got taken to the cleaners by Madoff. Had all of his lifetime savings invested in the Ponzi scheme. Not wise, but he doesn’t merit additional criticism for it.

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By: thispaceforsale http://blogs.reuters.com/felix-salmon/2012/06/12/counterparties-the-knives-come-out-for-jamie-dimon/comment-page-1/#comment-40109 Wed, 13 Jun 2012 21:28:37 +0000 http://blogs.reuters.com/felix-salmon/?p=14930#comment-40109 Should Damon get a pass on Madoff?

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By: TFF http://blogs.reuters.com/felix-salmon/2012/06/12/counterparties-the-knives-come-out-for-jamie-dimon/comment-page-1/#comment-40092 Wed, 13 Jun 2012 17:48:29 +0000 http://blogs.reuters.com/felix-salmon/?p=14930#comment-40092 I forget, was there mention of the Pew survey in March?

http://www.pewsocialtrends.org/2012/03/1 5/the-boomerang-generation/1/

What I find most intriguing is the rise of multi-generational households, with 22% of younger adults (25-34) adopting that lifestyle compared with 11% in the early 1980s.

While the decision may be driven by economic necessity, the concept that adults should be “independent” rather than “mutually supportive” is perhaps misguided?

Imagine a young couple with one or two children, and a grandmother living on her own. Living independently, they rent/own two properties, pay $10k/child for day care, eat comparatively expensive “convenience” meals regularly rather than cooking from scratch… The young couple can feed and house Grandma in exchange for child care and help around the house — and possibly save money in the process. And Grandma certainly saves money by that arrangement.

Perhaps we are once again moving in the right direction?

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By: MyLord http://blogs.reuters.com/felix-salmon/2012/06/12/counterparties-the-knives-come-out-for-jamie-dimon/comment-page-1/#comment-40082 Wed, 13 Jun 2012 16:11:09 +0000 http://blogs.reuters.com/felix-salmon/?p=14930#comment-40082 What I would like to know is why they decided to realize their losses and begin to unwind them rather than double down. It would be interesting to know what to look for in other situations that would lead to worse results.

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