This site contains images and excerpts the use of which have not been pre-authorized. This material is made available for the purpose of analysis and critique, as well as to advance the understanding of political, media and cultural issues. The ‘fair use’ of such material is provided for under U.S. Copyright Law. In accordance with U.S. Code Title 17, Section 107, material on this site (along with credit links and attributions to original sources) is viewable for educational and intellectual purposes. If you are interested in using any copyrighted material from this site for any reason that goes beyond ‘fair use,’ you must first obtain permission from the copyright owner.
Part of the impunity of Wall Street firms has to do with how stealth they are — how they can operate like individuals in the eye of the conservative Supreme Court justices and the expected Republican nominee but otherwise lack a public face. With the news of the massive derivative loss by JPMorganChase, one apparently still mounting, this AP photo tries to capture both problems, the anonymity and the loss.
Monolithic in scale (playing off the tiny figure, citizens or shareholders but a speck), there is also a Darth Vadar-ish quality to the picture, the darkness compounded by the black skin of the building and the man.
» See full post and extended pics (Further Wall Street Bloodletting: Photographers Give JPMorgan Chase) at The Bag. «
(photo: Seth Wenig/AP caption: A man talks on a phone in front of the Chase logo at JPMorgan Chase headquarters in New York, Wednesday, May 16, 2012. U.S. House Republican Rep. Shelly Moore Capito, chairman of the House Financial Services subcommittee, on Wednesday said that the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter oversight of Wall Street. )
Visit BagNewsNotes: Today’s Media Images Analyzed