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JPMorgan CEO blows up at Washington's 'stupid s---'
Posted on 7/14/17 at 11:44 am
Posted on 7/14/17 at 11:44 am
quote:
JPMorgan CEO blows up at Washington's 'stupid s---'
By Vicki Needham
07/14/17
JPMorgan Chase CEO Jamie Dimon on Friday railed against Washington's failure to address sweeping policy issues like tax reform and infrastructure spending.
Dimon, head of the world’s largest bank, expressed frustration during JPMorgan earnings calls, saying the United States is missing out on faster economic growth because of Washington gridlock.
"Since the Great Recession, which is now 8 years old, we've been growing at 1.5 to 2 percent in spite of stupidity and political gridlock, because the American business sector is powerful and strong," he said.
On recent trips to France, Ireland and Israel, Dimon said he found that those countries understand the importance of education and infrastructure.
"It's almost embarrassing being an American citizen … and listening to the stupid s--- we have to deal with in this country," Dimon said on the call, according to news reports.
LINK
Posted on 7/14/17 at 11:46 am to NC_Tigah
quote:
Dimon, head of the world’s largest bank, expressed frustration during JPMorgan earnings calls, saying the United States is missing out on faster economic growth because of Washington gridlock.
Nothing new. We could have had cell phones in the 1960s but telecom companies did all they could to slow the progress. Bureaucracy at it's finest.
Posted on 7/14/17 at 11:47 am to NC_Tigah
I agree with Jamie Dimon.
Posted on 7/14/17 at 11:50 am to NC_Tigah
quote:
"It's almost embarrassing being an American citizen … and listening to the stupid s--- we have to deal with in this country,"
It's embarrassing that people like you were allowed to steal 100s of millions of dollars from American citizens and get away with it.
Posted on 7/14/17 at 11:51 am to NC_Tigah
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
Poor baby. How can we help sooth his embarrassment?
frick him.
Born: March 13, 1956 (age 61), New York City, NY
Net worth: 1.17 billion USD (2017) Forbes
Salary: US$20 million (2013, 2014)
Posted on 7/14/17 at 11:53 am to Big12fan
Put your jealousy aside. What does any of that have to do with his statement?
Posted on 7/14/17 at 11:53 am to Big12fan
quote:
Poor baby. How can we help sooth his embarrassment?
frick him.
Born: March 13, 1956 (age 61), New York City, NY
Net worth: 1.17 billion USD (2017) Forbes
Salary: US$20 million (2013, 2014)
I fail to see the logic in your post.
Posted on 7/14/17 at 11:56 am to NC_Tigah
Maybe if we didn't give a bunch of money to bankers that failed we could have nice things.
He can go have intercourse with himself.
He can go have intercourse with himself.
Posted on 7/14/17 at 11:56 am to BBONDS25
quote:
Put your jealousy aside. What does any of that have to do with his statement?
No jealousy, but disgust that a company that is doing so well and their CEO would issue a statement declaring embarrassment. This is what you get from the elite. His company is thriving. He is a Billionaire Embarrassment. Like I said before - frick him and his gold plated toilet seats.
Posted on 7/14/17 at 11:57 am to NC_Tigah
BREAKING NEWS ON CNN - Trump colludes with fat cat Wall Street banker to undermine congress!
Posted on 7/14/17 at 11:58 am to Big12fan
quote:
No jealousy, but disgust that a company that is doing so well and their CEO would issue a statement declaring embarrassment. This is what you get from the elite. His company is thriving. He is a Billionaire Embarrassment. Like I said before - frick him and his gold plated toilet seats.
His comments seem aimed at the wider economy. Again, I fail to see the logic in your post.
Posted on 7/14/17 at 11:59 am to Big12fan
quote:
Big12fan
So would you say you love big bankers or just like them a lot?
Posted on 7/14/17 at 11:59 am to Big12fan
quote:
Like I said before - frick him and his gold plated toilet seats.
Jealousy and Envy always looks nasty.
Posted on 7/14/17 at 12:02 pm to NC_Tigah
Didn't JP Morgan take $20+ Billion in the 2008 Bank Bailout??
This post was edited on 7/14/17 at 12:03 pm
Posted on 7/14/17 at 12:05 pm to NC_Tigah
Anyone that needed Jamie Dimon to tell them this is a moron
Posted on 7/14/17 at 12:06 pm to Big12fan
quote:
Born: March 13, 1956 (age 61), New York City, NY
Net worth: 1.17 billion USD (2017) Forbes
Salary: US$20 million (2013, 2014)
None of that makes him wrong. I agree that the politics being played out in Washington today is hurting our country.
Posted on 7/14/17 at 12:07 pm to NC_Tigah
quote:
On recent trips to
quote:
Ireland
I agree with Dimon, but using the Irish as an example to lecture Americans about our political system and economy seems ridiculous given the Irish's fiancial fiasco from 2008-2014.
Posted on 7/14/17 at 12:10 pm to Big12fan
quote:Doing well is relative. Do you think the 1.5% growth of obamanomics was a good thing? Do you consider 1.5% growth as "doing so well". Dimon made it clear American business can swim successfully against the current, as has his. But the government created resistance is not helpful.
No jealousy, but disgust that a company that is doing so well
This post was edited on 7/14/17 at 12:14 pm
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