In Apparent Slap At Trump, JPMorgan Chase CEO Rips Botched COVID-19 Planning
Source: huff post
04/06/2020 10:15 pm ET
As a nation, we were clearly not equipped for this global pandemic, and the consequences have been devastating, Jamie Dimon wrote to shareholders.
In a veiled swipe Monday at the Trump administration, JPMorgan Chase CEO Jamie Dimon blamed poor planning for the COVID-19 crisis.
In an annual letter to shareholders, Dimon said, As a nation, we were clearly not equipped for this global pandemic, and the consequences have been devastating.
Dimon predicted a bad recession as the fallout. The worst-case scenario could see unemployment as high as 14% and gross domestic product plunging at a 35% annual rate in the second quarter, he warned.............................
Read more: https://www.huffpost.com/entry/jpmorgan-chase-jamie-dimon-trump-covid-19_n_5e8bb5bac5b6e1a2e0f894bc
Chemisse
(30,810 posts)That would be a game changer as the election approaches.
Laelth
(32,017 posts)His policies failed. Many business tycoons backed Roosevelt in 1932 as a result.
It can happen.
-Laelth
mahatmakanejeeves
(57,425 posts)EarthFirst
(2,900 posts)SamKnause
(13,101 posts)We don't need this corrupt tool telling us the obvious.
The Magistrate
(95,247 posts)Anyone who turns on this cheap thug is welcome to do so, and helpful when he or she does.
mobeau69
(11,143 posts)titaniumsalute
(4,742 posts)Whether a CEO or powerful Republican...if they can stick it to Trump then GOOD!
gibraltar72
(7,503 posts)Mitch and cohorts will turn on him in a minute. Let's hope some other big money says enough.
crickets
(25,966 posts)lark
(23,097 posts)He didn't know how utterly stupid and incompetent and psychotic drumpf and his minions are, he didn't expect that they were truly malevolent and wanted to kill off the working class/poor so they could reorder our country into a fascist state for and by the oligarchs. It will be interesting to see if gets back on the train or if he truly realizes how horrible these asswipes are.
2naSalit
(86,577 posts)in the first place. He's one of them and he has been backing the last couple decades of our decline. Lip service only goes so far. I'll accept change in the Wall Streeters when I see action on their part.
BaronChocula
(1,550 posts)He badmouths government that taxes him fairly so government can work properly and then he badmouths government that's left inept because it gives him massive tax breaks. What a loser.
Grasswire2
(13,569 posts)Under the bus now, wait and see. If Trump dares attack Dimon.