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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Related:

• Whalen: 'Dimon Not So Brilliant After All'

• Whalen And Ritholtz On Bloomberg: "The Big 4 Banks Have To Cheat To Hide Their Insolvency"

Comments

[DailyBail]

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

http://dailybail.com/home/chris-whalen-torches-jpm-ina-drew-is-a-scapegoat-jamie-dimon.html

[DailyBail]

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'

http://dailybail.com/home/chris-whalen-on-geithners-kissinger-moment-what-did-bob-rubi.html

[SKINFLINT]

Hope this goes somewhere.

http://www.theblaze.com/stories/2013/01/12/indicted-businessman-names-harry-reid-as-alleged-recipient-of-massive-bribe/


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

http://www.bloomberg.com/news/2013-01-12/jpmorgan-said-to-weigh-releasing-report-faulting-dimon-on-trades.html



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.

http://www.c-span.org/Events/Pres-Obama-Nominates-Jack-Lew-as-Treasury-Secretary/10737437104-1/


But seriously, just bend me over.

[DailyBail]

Hope this goes somewhere.

http://www.theblaze.com/stories/2013/01/12/indicted-businessman-names-harry-reid-as-alleged-recipient-of-massive-bribe/

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Skin - Reid finally came out and denied it the other day. I'm going to post something on it in links.

[Bonds Online]

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