Quantcast
Feeds: Email, RSS & Twitter

Get Our Videos By Email

Powered by Squarespace

 

 

Search The Daily Bail Archive Of 15,000 Videos

SEARCH THE DAILY BAIL

SPONSORED BY  

 

Hank Paulson Is A Criminal - Pass It On

Bernanke's Failures Caught On Tape

"The Federal Reserve Is A Ponzi Scheme"


Get Our Videos By Email

THE FED UNDER FIRE: Must See Clip

Bernanke's Replacement: Happy Hour In Santa Cruz

Must See: National Debt Road Trip

"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

SLIDESHOW - The 11 States Most Likely to Go Bust

SLIDESHOW - 7 Really Big Holes - Don't Miss #7

SLIDESHOW - Molotov Cocktails In Greece

SLIDESHOW - The Sights, Sounds & Women of Texas

SLIDESHOW - Genius Signs From Irish IMF Protest

SLIDESHOW - Egyptian Revolution - Graphic PICS

SLIDESHOW - U.K. Student Riots

SLIDESHOW - Airport Security Cartoons - TSA

Most Recent Comments
Cartoons & Photos
SEARCH
« 'JPM's $150 Billion FDIC Reality Adjustment' - Jamie Dimon Just Admitted To The World That JPM's Assets Are Overvalued By $150 Billion | Main | Neil Barofsky With Lauren Lyster: Tim Geithner Picked A Fight With The WRONG Former Federal Prosecutor »
Wednesday
Aug152012

Jamie Dimon Goes Ballistic: "This Is Not The Soviet Union. This Is The USA. It’s A Free. Fucking. Country."

Jamie just won't shut up.  This time it was to a group of JPMorgan Summer interns while NY Mag was tagging along.  And who can forget last time, when Dimon stalked Bernanke, during a public Q&A from the Fed Chairman.

Listen up J.D., erstwhile capitalist.

The Bernank is your one and only best friend, secretly lending you trillions, and you decide to complain publicly about stronger capital requirements and regulators who might actually be doing the job, of well, regulating.

If it's a free market that you're after, then let's be clear - that means no secret Federal Reserve loans at .008% interest, no discount window borrowing, and no bailouts.

Guess what that means, Jamie?  There's no JP Morgan.

Goodbye and good riddance.  Don't let the door hit you in your giant bailed-out ass.

---

Morning links:

---

Dimon rewind:

VIDEO - Dimon Complains to Bernanke in Public

VIDEO - Dimon Complains to Charlie Gasbag, Calls Anti-Banking Sentiment 'Discrimination'

VIDEO - Dimon Laughs About Buying Bear Stearns For $2 Per Share With Taxpayer Help

Madoff Trustee On JP Morgan: "They Were At The Very Center Of Madoff Fraud"

 

PHOTO - Protesters surround Jamie Dimon's NYC penthouse last Fall...

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (10)

Those darn Fat Cat Bankers

JPMorgan Employees Join Goldman Sachs Among Top Obama Donors

http://www.bloomberg.com/news/2012-03-20/jpmorgan-employees-join-goldman-sachs-among-top-obama-donors.html


Obama's favorite banker

http://www.economicpolicyjournal.com/2009/07/president-obamas-favorite-banker.html

Obama Says JPMorgan ‘One of the Best-Managed Banks There Is’

http://nymag.com/daily/intel/2012/05/obama-jpmorgan-one-of-the-best-managed-banks.html

Obama's JPMorgan Account

http://www.npr.org/2012/05/16/152819346/weekly-standard-whats-in-obamas-jpmorgan-account

'Obama's favorite banker' wears presidential cufflinks

http://freebeacon.com/friends-in-high-places/

JPMorgan's Other Messy Problem: MF Global's Missing Money

http://www.forbes.com/sites/halahtouryalai/2012/06/04/jpmorgans-other-messy-problem-mf-globals-missing-money/

JPMorgan Sued Yet Again - Analyst Blog

http://community.nasdaq.com/News/2012-08/jpmorgan-sued-yet-again-analyst-blog.aspx?storyid=164039

Just so you know Jamie Dimon is a lifelong democrat from chicago
Aug 15, 2012 at 1:09 PM | Unregistered CommenterLiberatedCitizen
I really appreciated the update to this post. I would just add that in a free market, no NY FED would come along and finance JPM's purchase of Bear Stearns to the tune of 29B dollars. And if Bernanke and Geithner weren't total idiots... This is what Barry Ritholtz says he would have done:

If I had been the Fed chief, I would have said: “Let me explain this to you, Jamie. I know the history of JP Morgan” (Everybody thinks Dimon is this genius who avoided the subprime situation, but that’s actually not true. They just ran into their subprime problem way earlier than everybody else, so when they had to liquidate, there was a bid there.) “I’m looking at the derivative book of Bear Stearns. It’s $8 trillion and you’re the single biggest counterparty. So if they go down, it’s your problem. So here is what I am willing to do. When you go into receivership, I’ll promise not to put you in jail! If you want to buy them, buy them. If you don’t want to buy them, we’re going to put them into a pre-packaged bankruptcy and if it ultimately causes JP Morgan to go bankrupt, well, put it this way, this is your opportunity to avoid it. So take a walk once around the park, and have a good think. As Fed chair, I have no problem testifying that I suggested you buy Bear Stearns because, if you didn’t, it really looked like they were going to blow up JP Morgan – and good luck with the shareholder lawsuits for the rest of your life.”
Aug 15, 2012 at 2:07 PM | Unregistered CommenterPitchfork
Wow.

Barry nailed it.
Aug 15, 2012 at 2:20 PM | Registered CommenterDailyBail
Barry's comment is accurate. And frankly, if financial execs like Dimon and Paulson were to pass away of a heart attack tomorrow, the World would not blink or care about that. Their poor financial management has already done enough harm, while they prospered from it.
Aug 15, 2012 at 3:59 PM | Unregistered CommenterJ Molitor
Those darn Fat Cat Bankers

JPMorgan Employees Join Goldman Sachs Among Top Obama Donors

http://www.bloomberg.com/news/2012-03-20/jpmorgan-employees-join-goldman-sachs-among-top-obama-donors.html


Obama's favorite banker

http://www.economicpolicyjournal.com/2009/07/president-obamas-favorite-banker.html

Obama Says JPMorgan ‘One of the Best-Managed Banks There Is’

http://nymag.com/daily/intel/2012/05/obama-jpmorgan-one-of-the-best-managed-banks.html

Obama's JPMorgan Account

http://www.npr.org/2012/05/16/152819346/weekly-standard-whats-in-obamas-jpmorgan-account

'Obama's favorite banker' wears presidential cufflinks

http://freebeacon.com/friends-in-high-places/

JPMorgan's Other Messy Problem: MF Global's Missing Money

http://www.forbes.com/sites/halahtouryalai/2012/06/04/jpmorgans-other-messy-problem-mf-globals-missing-money/

JPMorgan Sued Yet Again - Analyst Blog

http://community.nasdaq.com/News/2012-08/jpmorgan-sued-yet-again-analyst-blog.aspx?storyid=164039

Just so you know Jamie Dimon is a lifelong democrat from chicago
Aug 15, 2012 at 5:47 PM | Unregistered CommenterLiberatedCitizen
There are reports that British police have raided the Ecuadorian embassy in order to get Assange. It was reported earlier that Ecuador had privately agreed to grant him asylum. Stay tuned.

http://www.theage.com.au/opinion/political-news/uk-police-raid-assanges-embassy-refuge-20120816-249pe.html

http://twitter.com/wikileaks
Aug 15, 2012 at 8:13 PM | Unregistered CommenterPitchfork
WHO'S THE MOST DEMONIC NATION ON EARTH ?????, ENGLAND,who would have ever guested????.... the QUEEN whore drug dealer sells drugs lased with poison and desease and the world eats it up like candy,stupid,stupid,untill the world wakes up,nothing can be fixed,WHEN the world gets tired of being slaves to these whores,things will get better,but not untill then,they have inslaved their own people and their working on the rest of the world,LITTLE fagots and whores running everything!!!!!!!!!,,surly the world sees this by now?????
Aug 16, 2012 at 11:02 AM | Unregistered CommenterArizona
I posted this link in another thread here at DB some time ago and feel it would be appropriate here.

http://www.corpwatch.org/article.php?id=9848
Aug 21, 2012 at 9:06 PM | Unregistered Commenterjohn

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.