Word that JP Morgan Chase lost two billion dollars trading derivatives rocked the financial system Friday. But Massachusetts Democrat Barney Frank was not surprised. The longtime Congressional representative and banking industry critic spoke with WAMC’s Alan Chartock hours after news of the financial giant’s loss broke.
Dr. Alan Chartock is professor emeritus at the University at Albany. He hosts the weekly Capitol Connection series, heard on public radio stations around New York. The program, for almost 12 years, highlighted interviews with Governor Mario Cuomo and now continues with conversations with state political leaders. Dr. Chartock also appears each week on The Media Project and The Roundtable and offers commentary on Morning Edition, weekdays at 7:40 a.m.