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Trump advisors considering Jamie Dimon for SecTreas

Posted on 11/10/16 at 11:04 am
Posted by jackmanusc
Columbia, SC
Member since Apr 2012
3947 posts
Posted on 11/10/16 at 11:04 am
I don't see how that's draining the swap
Posted by GumboPot
Member since Mar 2009
118623 posts
Posted on 11/10/16 at 11:05 am to
There might actually be some CEOs that are good people.
Posted by Damone
FoCo
Member since Aug 2016
32501 posts
Posted on 11/10/16 at 11:07 am to
Nope, don't want him. Took a frick ton of TARP money.
Posted by UncleFestersLegs
Member since Nov 2010
10803 posts
Posted on 11/10/16 at 11:08 am to
quote:

There might actually be some CEOs that are good people.

Not this one
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 11/10/16 at 11:09 am to
quote:

There might actually be some CEOs that are good people.


jamie dimon may be a good person but he is about as tied to the banking establishment as you can get.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 11/10/16 at 11:13 am to
Not sure if I like it or dislike it yet but we aren't going to fix our financial woes doing it the old way.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 11/10/16 at 11:14 am to
quote:

Took a frick ton of TARP money.


Didn't the Treasury tell each one of those banks how much money they would take in the bail out?
Posted by kwalt1989
Life is great in the 318
Member since Oct 2014
789 posts
Posted on 11/10/16 at 11:16 am to
They didn't need the TARP money. JPM was one of the few banks who had it shoved down their throats.
This post was edited on 11/10/16 at 11:17 am
Posted by jackmanusc
Columbia, SC
Member since Apr 2012
3947 posts
Posted on 11/10/16 at 11:17 am to
Yea. They gave it to all the banks in order to prevent sell offs on those who had most liability. If they only gave it to the guys the nearest to the cliff they would have effectively pushed them off the edge
Posted by shinerfan
Duckworld(Earth-616)
Member since Sep 2009
22188 posts
Posted on 11/10/16 at 11:21 am to
I'm standing by my original prediction of Ted Dibiase for Treaury.
Posted by UncleFestersLegs
Member since Nov 2010
10803 posts
Posted on 11/10/16 at 11:28 am to
quote:

jamie dimon may be a good person

He's not
Posted by mark65mc
Baton Rouge
Member since Dec 2007
11276 posts
Posted on 11/10/16 at 11:30 am to
I worked for Chase at the time. Chase didn't need TARP funds. Funds were forced on the bank. Chase repayed the TARP funds as soon as they were allowed to. They also bought out/bailed out WAMU and Bear Stearns. WAMU was a big offender in the mortgage meltdown with their issuance of pay-option ARMs.
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37575 posts
Posted on 11/10/16 at 11:31 am to
Dimon and all his lieutenants were big Hillary supporters
Posted by KwoodTiger
Member since Aug 2011
916 posts
Posted on 11/10/16 at 11:31 am to
Jamie Dimon is one of the smartest and well-regarded bankers on the planet.

Doubt he would accept.

In an odd twist, he's also a democrat (though he was very anti-Obama).
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5277 posts
Posted on 11/10/16 at 11:32 am to
quote:

Nope, don't want him. Took a frick ton of TARP money.


The gov't made him take it jackass. JPM did not need it.
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