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Chris Whalen On The Banks: 'Jamie Dimon Should Man Up!'

Outstanding discussion.  Whalen with Tom Keene.

Start watching at the 3-minute mark.

(Bloomberg) -- Chris Whalen, vice president of investment banking operations at Carrington Holdings, talks about the economy and the outlook for the banking industry.

Chris discusses Apple, Fannie, FHA, BofA, JPMorgan and Citigroup, and repeats his assertion that Jamie Dimon knew about the London derivatives fiasco long before coming clean with investors.  Whalen has been hammerring this point since the story broke last Summer. Evidence, both anecdotal and concrete, demonstrates that the decision to shift the activities of the London office from hedging to prop trading was made by Jamie Dimon.  Not Achilles Greekopoulos.  Not Ina Drew.  Not Mary F-ing Poppins.

It was Dimon's call.  Clawback his ass along with the others.

Whalen makes his point on CNBC here.





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Reader Comments (5)

Chris Whalen Torches JPM: "Ina Drew Is A Scapegoat, Jamie Dimon Instructed London Office To Dump Hedging'

Jan 11, 2013 at 4:23 PM | Registered CommenterDailyBail
Chris Whalen On Geithner's 'Kissinger Moment': 'What Did Bob Rubin Know About LIBOR Fixing? He Was The One Running The New York Fed, NOT Geithner'

Jan 11, 2013 at 4:26 PM | Registered CommenterDailyBail
Hope this goes somewhere.


So what? Blaming Dimon gets one half million in bonus less than previous year. Where will it lead.


HA HA HA oh HO HO HO HO ah HAH HAH HAH. Ohh. Now that is FUNNY. Just a chuckly fest here folks. Remember to pack a clean pair of underwear while watching in case you soil yourself.


But seriously, just bend me over.
Jan 13, 2013 at 8:56 PM | Unregistered CommenterSKINFLINT
Hope this goes somewhere.



Skin - Reid finally came out and denied it the other day. I'm going to post something on it in links.
Jan 23, 2013 at 2:43 AM | Registered CommenterDailyBail
This is a good post. I'm definitely going to look into it.Really very useful tips are provided here.thank you so much.Keep up the good works.
Sep 21, 2013 at 7:40 AM | Unregistered CommenterBonds Online

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