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Dimon led bank CEOs to fend off tougher capital rules

Dimon led bank CEOs to fend off tougher capital rules
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Basel battle: Goldman's unlikely foot soldiers in the fight against bank capital hikes

Jeff Riggs, a Montana businessman who owns a small data center, flew to Washington D.C. in November to meet with his U.S. Senator Steve Daines. It was arranged, paid for and scripted by Goldman Sachs as part of the bank's aggressive campaign to water down a proposal to raise capital requirements for big banks. Riggs was one of dozens of small business owners Goldman recruited from all over the country in its battle against the so-called Basel Endgame. ....

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