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| JP Morgan Fallout: How About Dimon? in forum [Market-Ticker]
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Uppity_peasant
Posts: 3101
Incept: 2009-06-26
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Quote:“After the biggest financial crisis in generations, the American people are frustrated that Wall Street has still not been held accountable and does not appear to consider itself responsible,” said Warren, Democratic candidate for U.S. Senate. Watch it, Lizzie - your homey (**snicker**) Barney Fwank gets all uptight when wimminz start talking about economics: Barney Frank loses composure in ‘This Week’ appearance [VIDEO]http://dailycaller.com/2012/05/13/barney....Of course, if he gets all up in your face, you could just take the white boy's scalp. I'm sure nobody would say a thing, it being your birthright and all... PS, Liz - Don't count on any support from Heap Big Chief Obama - he'll probably take a "wide stance" on Jamie Dimon's "hedging".
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If it's true that "assault weapons" are "weapons of war" and don't belong on the streets of America, why do the police need them? Who are the police at war with?
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Crzymorse
Posts: 1183
Incept: 2010-06-25
Maryland
Online
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London as a unregulated financial center is the real problem. MF Global, AIG and now JPM. Allowing to steal client funds, ungodly leverage rules, and now trades the CEO can't even understand. I'm sure the london whale can take his couple hundred million dollars and survive ok.
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Clintb350
Posts: 1449
Incept: 2008-01-19
Southern AZ
Online
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Doesn't JPM have a financial interest (own shares?) in the NY Fed? Why can't they then be represented on the Board? /sarc
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Themortgagedude
Posts: 8841
Incept: 2007-12-17
saint louis
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Clint - that is true. JPM is probably the largest shareholder of the Fed. As such I can see why they should have a position on the BofD. But you should never have the Federal Reserve in charge of the regulation of banks then.
If Sheila had done her job at FDIC maybe we could trust them to regulate. The way it is nobody effectively regulates the big banks.
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I'm already visualizing you with duct tape over your mouth.
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Jonesapple10
Posts: 379
Incept: 2010-11-09
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1. He knew what was going on all along = incompetent
2. He has no idea what was going on = incompetent
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Steelhead23
Posts: 2037
Incept: 2008-09-09
Portland OR
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Eliott Spitzer was on This Week yesterday and said a series of gems about JPM and bank regulation in general. Before being cutoff by Maitlin and Stephanopoulos, he managed to blurt this out. Quote:SPITZER: All I need to say is in all the years I was there trying to bring these cases, every time I went before the House Financial Services Committee, they wanted to pre-empt me so we could not bring an enforcement action. It was kowtow. When bankers said jump, they said how high? It was the most outrageous-- He said some other things most here would agree with. http://abcnews.go.com/Politics/week-tran....We are suffering the ill effects of the corruption of our government, not just our financial services industry. If money is the functional equivalent of free speech, democracy is doomed. It takes money to be elected and being elected and re-elected is the prime directive of all politicians. When we see our government doing things that are clearly not in the public interest, you can bet that money, and promises of money are behind it. As long as money is free speech, our government will be corrupted by it, you and I will lose, and those with fat wallets will win. Even more important that reinstating Glass-Steagall, we must overturn Citizens United and do our damnedest to get big money out of politics.
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"Give me control of a nation's money and I care not who makes it's laws" —Mayer Amschel Bauer Rothschild Benjamin Bernanke
For-profit commercial banks are a menace and should be eradicated
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Blurtman
Posts: 563
Incept: 2009-01-24
Banned
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What is incomrprehensible is the media meme saying that JPM was the last respected investment bank. Unless you Google JPM and fraud. Pathetic.
And @Uppity_peasant re: Warren and her bogus claim to be a Native American and even more pathetic explanation - everyone is on the take, everyone lies to advance their career. Get it while you can. That is the American way. Teach your children.
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I have a reading comprehension problem and the owner banned me for repeatedly displaying it after being warned.
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Hogman
Posts: 7874
Incept: 2008-02-18
Derby City, USA
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Ina Drew go away package 500 million?
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Brett
Posts: 2872
Incept: 2008-01-23
His name was Joseph Stack. His name was Joseph Stack......
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1. A leader is responsible for all that his subordinates do, or fail to do.
2. Only fire can cure Regulatory Capture.
Arrest Jamie Dimon.
We do not forgive. We do not forget. Expect us.
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Americans need to stop wasting their time calling their representatives or protesting in Washington DC. Instead, protest in front of the personal homes of Bankster CEO/CFOs,in front of the personal homes of your representative.... They made it personal and so should you.
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Stuki
Posts: 88
Incept: 2009-01-29
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"why he's on the board of the NY Fed, when they are the primary big bank regulator."
Because in progressive dystopias, the sheeple are indoctrinated to believe that there are a distinct group of "experts" amongst them, that somehow magically know better than them; and should therefore run everything and own everything. These benevolent progtards/experts will then, just like they say on TV, distribute the spoils of their enlightened management equitably to the sheeple.
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Genesis
Posts: 130662
Incept: 2007-06-26
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Well that's not entirely untrue -- they do know how to do one thing better than the rest -- steal.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Blurtman
Posts: 563
Incept: 2009-01-24
Banned
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Timmay said the NY Fed is not a regulator. And that was god enough for Obama.
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I have a reading comprehension problem and the owner banned me for repeatedly displaying it after being warned.
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