Why Jamie Dimon and his Wall Street buddies need to pay a Robin Hood tax

A modest tax on speculative financial transactions would be some restitution for the human costs of this bank-made crisis. Rose Ann DeMoro, Guardian, June 19, 2012 As JP Morgan CEO Jamie Dimon showed up to Congress on Tuesday to try to explain how his "too big to fail" bank could mysteriously lose $2bn in risky trades, he was suddenly diverted to a back entrance. Why? Because Robin Hood was waiting.

Nurses, healthcare and community activists were in the hallways ready to send him and the rest of his Wall Street gang a message: it's time to pay up for the damage you have done to our communities and our nation. ... Why