Bag’s Take-Away:
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
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Topping LIFE.com’s 2011 Best Photo Blogs — also follow us on Twitter and Facebook.

Bag’s Take-Away:

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

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Topping LIFE.com’s 2011 Best Photo Blogs — also follow us on Twitter and Facebook.

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