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JP Morgan chief launches tirade

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Posts: 7

lifemisspent

Captain

Joined: Mar, 2002

Posts: 7312

Posted: Sep. 26, 2011 - 5:56 PM ET #1

Against Bank Of Canada governor.

Unreal.........this guy should be grateful he's not in jail.

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Rush51

Captain

Joined: Jan, 2005

Posts: 7962

Posted: Sep. 27, 2011 - 9:00 AM ET #2

Jamie Dimon of JPM is one of the brightest minds in the banking sector, so he deserves to be cut some slack. His bank is in much better shape than some of his counterparts (Wells Fargo, Citi, BofA, etc.)

Remember, he pantzed the Fed into selling Bear Sterns at a ridiculous price . Not many companies were "buyers" during the Financial Crisis.

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wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 56778

Posted: Sep. 27, 2011 - 12:20 PM ET #3

Jamie is one of the most cutthroat, underhanded guys you will ever see.

It comes with the position though, all of those guys are monetary killers and would slit your throat to make an extra buck.

He takes full advantage of his position when it comes to dealing with regulators and the government, I think he is a total crook myself.

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Rush51

Captain

Joined: Jan, 2005

Posts: 7962

Posted: Sep. 27, 2011 - 10:00 PM ET #4

Most CEOs would fit that description. It's just what they do.

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BIGfnPOO

MVP

Joined: Jun, 2006

Posts: 18880

Posted: Sep. 29, 2011 - 12:08 AM ET #5

id show jamie who the big daddy boss is....

bigFnPOO

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LeRinkRat

Legend

Joined: Dec, 2001

Posts: 85256

Posted: Oct. 6, 2011 - 1:54 AM ET #6

Jamie Dimon of JPM is one of the brightest minds in the banking sector

he should be be the smartest guy in Federal Prison along with the rest of them.

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LeRinkRat

Legend

Joined: Dec, 2001

Posts: 85256

Posted: Oct. 6, 2011 - 1:57 AM ET #7

bottom line...

"Many believe the 2008 recession was caused by lax banking regulations (no shit) in the United States while Canada fared much better because of tighter controls of the financial industry."

which is WHY Canada is one of the more SOLID economies right now.

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JP Morgan chief launches tirade

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