Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

What's eating Jamie Dimon?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Topic Forums » Economy Donate to DU
 
Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 04:34 PM
Original message
What's eating Jamie Dimon?
At last week's World Economic Forum in Davos, Switzerland, the JPMorgan Chase chief executive once again lambasted the media and politicians for portraying all bankers as greedy evil-doers.

It was at least the 12th time since the start of the financial crisis that Dimon has complained about Wall Street critics painting all bankers as cut from the same cloth. But the timing of his latest outburst seemed odd.

In December, as part of President Barack Obama's bid to make nice with U.S. business leaders, Dimon was invited to a private Oval Office one-on-one with the president to discuss the economy. Dimon and his wife Judy were also guests at the state dinner the White House arranged for Chinese President Hu Jintao last month. And one of Dimon's top executives, Bill Daley, was tapped by the president as chief of staff.

By most objective standards that's a lot of love Obama has showered on Dimon, even though JPMorgan spent more money than any other Wall Street firm to lobby against key parts of last year's financial regulatory reform law.

http://www.reuters.com/article/2011/02/04/idINIndia-54665920110204

He'll get respect when he's in JAIL!
Refresh | +12 Recommendations Printer Friendly | Permalink | Reply | Top
truebrit71 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 04:47 PM
Response to Original message
1. Fuck Jamie Dimon
...in fact, double fuck that ratfuck sonofabitch...he laid me off right after 9/11 I couldn't find work for 13 months and it wound would up costing me my house...of course, right after he laid me off he then cashed in $2million of his own stock options right before xmas...bet his kids had a better one than mine...
Printer Friendly | Permalink | Reply | Top
 
ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 05:04 PM
Response to Original message
2. Truth hurts, Jamie. If you don't like it, CHANGE
just sayin'...
Printer Friendly | Permalink | Reply | Top
 
xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 05:08 PM
Response to Original message
3. Go tell it to Obama, you rip off fuck. Nt
Printer Friendly | Permalink | Reply | Top
 
girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 05:35 PM
Response to Original message
4. Jamie Dimon = criminal.
The people have no plans to stop fighting JP Morgan, even if it means battling two major governments furiously printing to create an artifice of solvency.
Printer Friendly | Permalink | Reply | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 04:07 AM
Response to Original message
5. Ode to that lovable louse Jamie Dimon -- credit to Robert Burns
Ha! Whare ye gaun, ye crowlin ferlie?
Your impudence protects you sairly,
I canna say but ye strut rarely
Owre gauze and lace,
Tho' faith! I fear ye dine but sparely
On sic a place.

Ye ugly, creepin, blastit wonner,
Detested, shunn'd by saunt an' sinner,
How daur ye set your fit upon her --
Sae fine a lady!
Gae somewhere else and seek your dinner
On some poor body.

. . .

O would some Power the gift to give us
To see ourselves as others see us!
It would from many a blunder free us,
And foolish notion:
What airs in dress and gait would leave us,
And even devotion!

http://www.worldburnsclub.com/poems/translations/552.htm

To A Louse.

Burns Original

Last paragraph -- Standard English Translation
Printer Friendly | Permalink | Reply | Top
 
TheOther95Percent Donating Member (202 posts) Send PM | Profile | Ignore Sat Feb-05-11 01:00 PM
Response to Original message
6. JP Morgan and Madoff
His company knew or "strongly suspected" Madoff's investment business was a complete sham, but acted to protect its own business interests instead of turning in the crook.
Looking the other way and still doing business with a guy perpetuating a fraud that injured thousands of people. Greedy evil-doers works for me.


http://www.reuters.com/article/2011/02/03/us-madoff-jpmorgan-idUSTRE7127RW20110203

While numerous financial institutions enabled Madoff's fraud, JPMorgan Chase was at the very center of that fraud, and thoroughly complicit in it," the complaint filed with the U.S. bankruptcy court in Manhattan said...

"For whatever it's worth, I am sitting at lunch with (a bank employee) who just told me that there is a well-known cloud over the head of Madoff and that his returns are speculated to be part of a (P)onzi scheme," the complaint quotes from a June 15, 2007 email by an investment bank risk officer.

...

"The bank's top executives were warned in blunt terms about speculation that Madoff was running a Ponzi scheme, yet the bank appears to have been concerned only with protecting its own investments" in Madoff feeder funds, Deborah Renner, one of Picard's lawyers, said in a statement.

Printer Friendly | Permalink | Reply | Top
 
Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 06:26 PM
Response to Original message
7. Let me know when he's at the end of his rope. n/t
Printer Friendly | Permalink | Reply | Top
 
Pale Blue Dot Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-06-11 09:10 AM
Response to Original message
8. Why should he stop? All of his complaining has worked!
As clearly demonstrated by this article, the Obama administration has bent over backwards to accommodate him. Why change anything?
Printer Friendly | Permalink | Reply | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue May 07th 2024, 08:20 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC