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Started By
Message
re: JPMorgan CEO blows up at Washington's 'stupid s---'
Posted on 7/14/17 at 12:10 pm to Wtodd
Posted on 7/14/17 at 12:10 pm to Wtodd
quote:
Anyone that needed Jamie Dimon to tell them this is a moron
It needs to be said and broadcasted as much as possible. Trust me there are a lot of morons in this country. Many of them are senators and congressmen.
0
Posted on 7/14/17 at 12:16 pm to RockyMtnTigerWDE
Gridlock is not new. We've been experiencing that for over 8 years. He's right about education and infrastructure, but this is who we are right now. We have perpetual wars going on, a massively dysfunctional health care system, billions in student loans, at least 2 global hotspots that could explode into full fledged war, racial and political divisions, and on top of that a POTUS who has made making offensive remarks normal and acceptable. WTF does this guy expect to fix all that? So he's embarrassed - who give a frick.
Posted on 7/14/17 at 12:23 pm to Big12fan
quote:
JPMorgan’s earnings beat Wall Street estimates, with profits rising to $7 billion in the second quarter, up 13 percent from a year ago. Earnings per share increased to $1.82, ahead of the $1.58 a share expected by analysts
that was a very nice beat. yet the stocks off nearly a point which is a text book case of buying on anticipation of the news and sell on the news.
Posted on 7/14/17 at 12:57 pm to ragincajun03
quote:
Didn't JP Morgan take $20 + billion in the 2008 Bank Bailout.
I don't think much choice was given in the matter behind the scenes and their takeover of Bear Stears was somewhat of a forced marraige to help stem the tide. Don't get me wrong, I'm not saying they came off bad, they came out of the crisis in a better position than ever, but their "acceptance" of the bailout money wasn't entirely on them. The world was about to implode in that moment in history and public/private coordination was not normal.
All that aside, his point is certainly valid. He doesn't seem to have been speaking from a "woe is me" perspective, but from a business perspective with respect to the economy as a whole, not just JPM.
Posted on 7/14/17 at 12:58 pm to ragincajun03
quote:
Didn't JP Morgan take $20+ Billion in the 2008 Bank Bailout??
Actually, JPM was forced to take $25 billion...paid it all back to the Fed Gov't plus 2 billion dollars in interest a year later.
All the banks took fed money and almost all paid it back.
Posted on 7/14/17 at 12:58 pm to Big12fan
quote:
and on top of that a POTUS who has made making offensive remarks normal and acceptable
Humans have done this since the dawn of time.
Watch.
You are a pussy.
Posted on 7/14/17 at 12:59 pm to ragincajun03
quote:JPM bailed other banks and the country out at its own expense.
Didn't JP Morgan take $20+ Billion in the 2008 Bank Bailout??
Posted on 7/14/17 at 1:00 pm to Big12fan
You're a big fat pussy. STFU
Posted on 7/14/17 at 1:06 pm to NC_Tigah
Finally, Jamie Dimon has come out as a Trumpocrat.
He supported Obama for 8 years but these comments clearly support what Trump is trying to do. The Democratic Party as it stands today is not a party of growth and ideas but of identity and social engineering. The problem is that Dimon truly is a capitalist and the Dems of today are not compatible with that mindset.
He supported Obama for 8 years but these comments clearly support what Trump is trying to do. The Democratic Party as it stands today is not a party of growth and ideas but of identity and social engineering. The problem is that Dimon truly is a capitalist and the Dems of today are not compatible with that mindset.
Posted on 7/14/17 at 1:08 pm to mark65mc
quote:
these comments clearly support what Trump is trying to do.
I haven't really seen evidence that Trump is trying to do these things. For me, that's been by far the most disappointing aspect of his presidency so far.
Posted on 7/14/17 at 1:13 pm to Mo Jeaux
quote:
I haven't really seen evidence that Trump is trying to do these things. For me, that's been by far the most disappointing aspect of his presidency so far.
He can't even get a majority of his appointments through committees. He is facing obstruction from Dems and establishment Republicans. I don't blame the man for not being able to accomplish his goals. He is fighting the swamp every single day. He has stated that tax reform and infrastructure are on his to do list. He has stated that tax reform would come after fixing O-care. That battle is still being fought.
Posted on 7/14/17 at 1:15 pm to mark65mc
quote:
He has stated that tax reform would come after fixing O-care. That battle is still being fought.
A strategic blunder.
Posted on 7/14/17 at 1:16 pm to NC_Tigah
Making a push for Fed Chair?
Posted on 7/14/17 at 1:16 pm to Mo Jeaux
quote:
A strategic blunder.
Agreed.
Posted on 7/14/17 at 1:46 pm to AggieDub14
quote:
We could have had cell phones in the 1960s but telecom companies did all they could to slow the progress.
Companies?
There was one company. That's why the government broke it up.
Posted on 7/14/17 at 1:53 pm to SCLibertarian
Why does Guinness taste so much better in Ireland?
Posted on 7/15/17 at 9:13 am to Errerrerrwere
quote:
You're a big fat pussy. STFU
Tough guy
Posted on 7/15/17 at 9:15 am to NC_Tigah
MAGA
Posted on 7/15/17 at 9:27 am to Mo Jeaux
quote:
A strategic blunder.
true, but it doesn't matter because the trustees of Social Security and Medicare said this week that they are running out of money in 2034 and 2029 and not one fricking person in DC batted an eye as far as I can tell
while CBO scores that are historically pathetically wrong get hyped to the Heavens because they are a way to keep from reducing an entitlement a tiny insufficient bit
Posted on 7/15/17 at 9:44 am to boogiewoogie1978
quote:
It's embarrassing that people like you were allowed to steal 100s of millions of dollars from American citizens and get away with it.
Slight correction, billions of dollars!
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