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pa28

(6,145 posts)
Wed Jan 14, 2015, 11:38 PM Jan 2015

Can't make this up: Jamie Dimon thinks JP Morgan is being over regulated. Complains it's 'not fair'.

After pushing trillions of questionably collateralized instruments onto the federal reserve balance sheet.

After whipping members of congress to sign off on permanent bailouts for trillions more in risky derivatives just last month.

After accepting so many back door and front door bailouts I've lost track of them all Jamie Dimon would like to have a word with you about fairness.

it very difficult and very complicated. You all should ask the question about how American that is. And how fair that is. And how complex that is for companies




http://www.bloomberg.com/news/2015-01-14/jpmorgan-ceo-dimon-says-banks-under-assault-by-u-s-regulators.html

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Can't make this up: Jamie Dimon thinks JP Morgan is being over regulated. Complains it's 'not fair'. (Original Post) pa28 Jan 2015 OP
Mr. Dimon presides over an institution that has a business practice salin Jan 2015 #1
Rot in hell. n/t Jefferson23 Jan 2015 #2
Hey Jamie! Turbineguy Jan 2015 #3
hey Jamie VanillaRhapsody Jan 2015 #4
go to hell. eat shit and die. you should complain about fairness, asshole. ND-Dem Jan 2015 #5
"Let them eat cake" much? TDale313 Jan 2015 #6
We often hear the word "entitlement" thrown around. This is it. pa28 Jan 2015 #7
Very much so. n/t TDale313 Jan 2015 #8
Stop! He's barely a Democrat. We can't afford to lose him! JonLP24 Jan 2015 #9

salin

(48,955 posts)
1. Mr. Dimon presides over an institution that has a business practice
Wed Jan 14, 2015, 11:44 PM
Jan 2015

of pushing people to taking on more debt than their incomes really can absorb - so that they can extract decades of interest payments. It wasn't part of their business model 25 years ago - but it is now. How did this happen? Absence of regulation. It will only get worse if we continue to deregulate.

JonLP24

(29,322 posts)
9. Stop! He's barely a Democrat. We can't afford to lose him!
Thu Jan 15, 2015, 01:22 AM
Jan 2015

“I’ve gotten disturbed at some of the Democrats anti-business behavior, the attacks on work ethic and successful people,” Dimon said. 'I think it’s very counterproductive.”

“It doesn't mean I don't have their values. I want jobs. I want a more equitable society. I don't mind paying higher taxes. … I do think we're our brother's keeper, he went on. "But I think that … attacking that which creates all things, is not the right way to go about it.”
http://www.politico.com/blogs/politico-live/2012/05/dimon-im-barely-a-democrat-123290.html

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