EASY READING CULTURE OF LIFE NEWS: DEMON DIMON OF JP MORGAN LECTURES US « Culture of Life News 2
Geithner and the Big Apple.
Jamie Dimon—why do all these guys have demonic names? HAHAHA. Well, he lectures us at Davos. Or maybe he is Lechter at Davos? He is a übergnome, of course. A big bastards. He tells that he takes all blame for the destruction of the world’s finances!!!! HAHAHA. But is he going to prison? No! He lectures us by telling us, he still has plenty of capital. Of course, he doesn’t say, this money is our money which he got from the guys he claims, let him rip us off in the first place. These chums of his are our elected leaders, both Democratic and Republican.
JPMorgan Chase & Co. CEO Jamie Dimon is telling a world grappling with the biggest financial crisis since the Great Depression what it wants to hear:
“I take full blame for all the American banks and all the things they did,” Dimon said during a panel on leadership at the World Economic Forum in Davos, Switzerland Thursday.
Dimon, whose company received $25 billion from last October’s federal “bailout” legislation, said he knows that’s what people want to hear, Bloombergreported. “God knows, some really stupid things were done by American banks,” Dimon said Thursday.
But the 52-year-old banker, who oversaw his company’s of failing U.S. banks Washington Mutual and Bear Sterns last year, also wondered where Washington’s policy makers were while U.S. banks were laying groundwork for the ongoing meltdown. “To policy makers, I say where were they? They approved all these banks,” Dimon said.
Arrest Demon Dimon! Arrest the politicians who let him run amok. And let there be many, many rules, regulations and laws preventing this sort of creepy man’s thefts! This is really too much. Like a bank robber saying, ‘Well, you let me do it by letting me buy a gun and then rob the bank! It’s your fault. You need more laws.’
Well, we had the laws. And Demon Dimon spent millions of dollars since 1984, undoing these laws! Corrupting the process. Who the hell hired the army of lobbyists in the first place? This man has a lot of gall and I hope he sees a lot of gallows in his future.
Upon his graduation in 1982, Sandy Weill convinced him to turn down offers from Goldman Sachs and Morgan Stanley to join him as an assistant at American Express. Though Weill could not offer the same amount of money as the investment banks, Weill promised Dimon that he would have “fun.” In a power struggle, Weill left American Express in 1985, Dimon followed him, and the two took over Commercial Credit, a consumer finance company, from Control Data, which became the vehicle that Dimon and Weill would use to propel themselves to the top of the financial world. Through a series of unprecedented mergers and acquisitions, in 1998 Dimon and Weill were able to form the largest financial services conglomerate the world had ever seen, Citigroup. Although Weill was the one who made the deals, Dimon was the “whiz kid” who made the numbers work.
Dimon left Citigroup in November 1998. It was rumored at the time that he and Weill got into an argument in 1997 over the perceived lack of promotion given by Dimon to Weill’s daughter, Jessica M. Bibliowicz. In his 2005 University of Chicago Graduate School of Business Fireside Chat and 2006Kellogg School of Management interviews, Dimon stated that he was fired by Weill.
Here is a street shot of the Demon’s headquarters in Manhattan. I hope the cops look at this and go there and arrest him.
“JPMorgan would be fine if we stopped talking about (the) damn nationalisation of banks … we’ve got plenty of capital,” Jamie Dimon said, at the annual meeting of the World Economic Forum in Davos, Switzerland.
Not only should we nationalize banks, we should denationalize Dimon.
J.P. Morgan Chase & Co.’s managing director Fernando Rivas said at the Securities Industry and Financial Markets Association’s Summit on the Troubled Asset Relief Program Monday that the TARP program will help increase the amount of completed deals.
“TARP won’t change strategy,” Rivas commented. “The important thing to note is that a lot of the bigger deals happened before TARP.”
TARP is shorthand for ‘Tax And Rip-off People’. Without TARP, JP Morgan would be dying of thirst due to lack of liquidity. Back in November, Demon Dimon was very arrogant and nasty. Wait, he still is! HAHAHA. Look at him a few weeks later:
After the Associated Press used incomplete information, JPMorgan Chase today clarified its use of TARP funds:
“JPMorgan Chase & Co. is using the TARP funding for the purposes that the government has designated. The company is lending to consumers, small businesses, corporations, municipalities and other institutions in a disciplined and responsible manner.”
Whoopsie! Too much demonic gloating after stealing loot! So he toned it down a tad! Why, he is obeying the government! Well, another month later, and the Demon is BAAAAAACCCK! HAHAHA. He has to tell us, he is great and he wants to slap us around again. Being a demon, he can’t help it. He has to use his horns.
Let’s talk about the JP Morgan Chase and Bernie Madoff story we mentioned yesterday. If we’re following this correctly, it seems that starting in 2006 JP Morgan allowed investors to make bets on the performance of hedge funds that invested with Bernie Madoff. This basically means that JP Morgan was institutionally short Madoff, which is interesting in itself. What made JP Morgan think it could beat the guy who had over forty-years of steady results?
We know that JP Morgan began to become very conservative with its assets last fall. It made collateral calls on Lehman Brothers and Merrill Lynch, requiring the investment banks to hand over billions. Those collateral calls more or less consigned those firms to death. So did JP Morgan also doom Madoff? It does look like Jamie Dimon’s shop has played the role of the Grim Reaper all through this credit crisis.
Now, this clown is the Grim Reaper.
I hope JP Morgan gets really tough and hire this Grim Reaper. He can go to Davos and give lectures in how to really kill competition. And rule the world, too! As I keep saying, the connection between death and wealth is more than the fact that both are ‘eath’ words. No, they are very connected. And no one knows this better than the Real Grim Reaper. Mr. Demon Dimon, meet your master!
Obama nominated the 61-year-old South Dakotan to be secretary of health and human services, and the Senate Finance committee — which will vote on the nomination before it goes to the full Senate — is to meet Monday to discuss the nomination.
A committee memo obtained Friday by CNN indicates that committee members want to discuss the use of a car and driver that Daschle didn’t disclose on his income taxes, and nonpayment of taxes on more than $80,000 he earned in consulting fees after leaving the Senate.
Daschle also apparently once filed a tax form listing charitable donations to organizations that did not qualify for a deduction, according to the memo.
On Saturday, the Democratic senators defended Daschle, who served in the Senate from 1987-2005 and was Democratic leader from 1995 until he was defeated in a re-election bid in 2004.
Sen. John Kerry, D-Massachusetts, the senior member of the finance committee, released a statement Saturday saying, “Months ago, Tom personally and proactively addressed the taxes issue and took all necessary steps to correct his innocent error.”
Now, most of the people in this bizarre and disgusting story are very near to meeting the Grim Reaper. The oldest dragons in the old men’s club of the Senate are closing ranks and defending themselves from their own crimes due to refusing to obey the very same damn laws they pass.
Arrest them all!
I am sick and tired of this stupid double standard. How about building a huge wall around DC? Pen in all the guys in Wall Street, too. Have a masque ball. And then, the Grim Reaper and the Mask of the Read Death can come and teach them all, who really rules America.
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