Skip to comments.JPMorgan CEO Dimon says government cases were 'unfair'
Posted on 01/23/2014 5:15:21 AM PST by Red in Blue PA
(Reuters) - JPMorgan Chase & Co (JPM) Chief Executive Officer Jamie Dimon said on Thursday that government legal cases, including those over mortgage securities the company settled for more than $13 billion, were "unfair".
Dimon, speaking on CNBC in a pre-recorded interview from Davos, Switzerland, said most of the government claims against the company were for dealings that took place at companies before JPMorgan bought them in the financial crisis.
"I think a lot of it was unfair, but I am not going to go into the details," Dimon said in the television interview.
(Excerpt) Read more at finance.yahoo.com ...
He shoulda thought of that before he helped put Obama in office.
Dimon has screwed many many people. Customers of the bank, employees, and customers.
Not “fair”?! That pole smoking little weasel had better hope he never sees fair. Fair would be stringing him up and beating him like a pinata until all of our money falls out of him.
He's pretending that the phrase "due diligence" has no meaning, purpose, or reason for existing, and to forget that an uncountable number of professional pundits and a few of us here right on FR knew very well what kind of "dealings" he was gleefully getting into.
Ah here we go
Dimon is a prime example of a “useful idiot.” A prominent Wall Street executive who supports the Left and Obama, who can be thrown away or destroyed once he no longer is useful. Now he’s getting screwed. Will he wake up to it? I doubt it.
According to Dimon’s reasoning, the banking cartel could pretty much always avoid prosecution for any serious crime.
If one firm commits a billion dollar crime, all they need to do is get bought up by another firm.
At that point, all liability for the crime magically disappears into the black hole of JP Morgan new world order.
Every American should be interested in learning about Wall Street, who runs it and what else they run.
Most people ignorantly think large Wall Street firms like the JP Morg are just some random company that was built through “hard work”, etc.
Don’t stay ignorant - research new world order.
Do some web searching; for example, try combining such terms as Yale, CIA, Wall Street, Communism, banking families, richard potter, jeremy bentham, friedrich engels, antony sutton, rockefeller foundation.