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On NBC's Meet The Press,' just now (May 13, 2012: Jamie Dimon said it's not fair to blame 'all banks,' you know of a particular bank that does something wrong go after that specifically. I accept all criticism. I am now "barely a democrat." Asked: 'What do you mean "barely a Democrat," Are you not a Democrat anymore? I mean I am still a Democrat... but BARELY... The current admin. - (environment) very 'anti-Business.' I don't blame the president but the Democrats were much more destructive than the Republicans.

Mitt Romney sought on Friday to dispel any notion he is undesirably close to Wall Street, but said his business experience prepares him better than his rivals to be president. "I'm independent of Wall Street," the former Massachusetts governor told Bloomberg Television's Peter Cook in an interview. "By the way, I haven't ever worked on Wall Street. They were service providers to the business I was in, I was not in a Wall Street firm, although I was in financial services broadly."

The Occupy Wall Street protesters are planning to get in the face of some of New York's richest tycoons on Tuesday. A "Millionaires March" will visit the homes - or, more realistically, the gleaming marble lobbies - of five of the city's wealthiest residents. On the target list: NewsCorp CEO Rupert Murdoch, JP Morgan Chase CEO Jamie Dimon, conservative billionaire David Koch, financier Howard Milstein and hedge fund mogul John Paulson.

JP Morgan Chase CEO, Jamie Dimon just gave a very optimistic speech on CNBC. He refuted rumors that the S&P downgrade will make it harder for banks like JPMorgan to make money on CNBC right now. "The S&P downgrade is just an opinion," he says. The market leaders he knows don't use the S&P to make their decisions, he says. He also added, "The U.S. needs to show fiscal discipline." But he says, "I'm hopeful that we'll" start to do that soon. Then he brought out the good ol' American spirit. "I think we need America to do what America...

A PBS anchor put together a great series of clips from various financial experts talking about what would happen if the debt ceiling isn't raised and the U.S. defaults. PBS has a transcript of the show, which has a number of great quotes from Ben Bernanke, Jamie Dimon, Nouriel Roubini, on the topic of a debt default. Specifically, they all talk about the effects of a default on bond prices, but the potential effects so bad that it really shows the effects on the financial markets across entire world. One quote from Jamie Dimon, CEO of JP Morgan Chase, is...

Federal limits on debit card processing fees will force banks to charge customers more for services, making accounts too expensive for as many as 5 percent of customers, JPMorgan Chase & Co's chief executive said on Friday. The rules, proposed as part of the Dodd-Frank financial reform law, would cap the fees that merchants pay banks for processing debit card transactions at 12 cents each. That is almost 75 percent less than the average 44 cents per transaction that banks get now. U.S. banks could lose about $13 billion of their annual industry debit processing revenues because of the rules,...

WASHINGTON (Reuters) - Elizabeth Warren, the Obama administration's defender of financial consumers, will venture into the corporate lion's den this week, along with Jamie Dimon, CEO of banking giant JPMorgan Chase & Co. The two will be speakers at an event set for Wednesday at the U.S. Chamber of Commerce, the country's largest business lobbying group, in its Corinthian-columned headquarters situated within view of the White House. Warren, 61, is an earnest Harvard Law School professor brought up in Oklahoma, while Dimon, 55, is a consummate New York City insider and one of Wall Street's richest CEOs. He was once...

FULL Title - Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America A former official of one of the country's most-powerful unions, SEIU, is detailing a secret plan to "destabilize" the country. Specifically, the plan seeks to destroy JP Morgan, nuke the stock market, and weaken Wall Street's grip on power, thus creating the conditions necessary for a redistribution of wealth and a change in government. The former SEIU official, Stephen Lerner, spoke in a closed session at a Pace University forum last weekend.

If you are trying to figure out why the Fed keeps interest rates so low and what is going on in precious metals. Watch this video. Warning there is some salty languange and innuendo. The woman in the video is Blythe Masters of JP Morgan. Head of commodities trading.

Poor Hopeless Janitors Beg Jamie Dimon For Their Jobs Back, He Ignores Them Because He Is Royalty Courtney Comstock Sep. 7, 2010, 9:11 AM Dimon in his palace. Last week, poor, hopeless, laid-off janitors from one of JPMorgan's loosely-managed buildings in California came to New York with a pipe dream, to beg Jamie Dimon for their jobs back. Not surprisingly, because JPMorgan had very little to do with the layoffs directly, Dimon couldn't help and they are still laid off. (The same thing happened in JPM's headquarters in New York.) But the New York Times has a different take. The...

Jamie Dimon: Risk Of A Double-Dip Recession Is Why We're Not Hiking The Dividend Joe Weisenthal Jan. 17, 2010, 10:30 AM JPMorgan (JPM) seemed to have reported strong earnings on Friday, but the stock sagged, bringing the market down with it. Michael Corkery at Deal Journal flagged an important, nerve-wracking moment from the company's conference call: Dimon: “Look, you guys are just as good at forecasting the economy as anybody else. And we’ve seen delinquencies getting a little bit better, we saw credit card spend be up a little bit…..We think loans in middle market are actually starting to level...

One of Len Blavatnik's companies lost $98 million in a $1 billion portfolio invested with JPM. It's not our fault! They say. So they're suing JPM. CMMF claims that when JPMorgan was retained in May 2006, it was given broad discretion in how it invested the funds but its goal was to “provide a high level of current income consistent with low volatility,” explains Francesco Guerrera at the Financial Times. The two sides disagree on how JPM allocated the funds. Blavatnik says JPM wrongly invested 46% of his company's money in asset backed securities. "Wrongly" because, his side argues, their...

MSM has been running a story over the last few days that Obama's Favorite Banker, JPMorgan CEO Jamie Dimon, had said that we should “get rid of the concept of ‘too big to fail,’” and that he suggested that a new resolution authority — giving government more power to shut down or take over big banks — would make this possible. I basically ignored the story figuring there had to be more to it, since Jamie Dimon isn't going to be regulated by some new superpower resolution authority. Well, in a report about a Jamie Dimon speech at the Goldman...

Botton line:It was about "Obama's Favorite Banker," Jamie Dimon, wanting more of a West Coast banking presence, but Portfolio.com in an investigative piece has some of the details of how the government simply ripped WaMu from its shareholders and gave it to Jamie. Here are some excerpts about the gift to Jamie and what it means for banking overall: WaMu’s regulators said they based their decision to close the bank and sell it to JPMorgan Chase on lack of liquidity—its access to ready cash—and the mounting pile of failed mortgage loans that were expected to cripple the bank’s earnings for...

Wow, this is a really amusing report from the New York Post. Apparently, some people are pushing for JP Morgan CEO Jamie Dimon to replace Timothy Geithner as Treasury Secretary. And he might want the job. This is unlikely on so many levels that I hardly know where to begin. First, here's what the Post says: As support for Treasury Secretary Timothy Geithner wanes on Capitol Hill amid frustration with the Obama administration's handling of the economy, JPMorgan Chase CEO Jamie Dimon is emerging as a potential replacement. Sources tell The Post that a number of policy makers have begun...

Days after Lehman Brothers' stunning collapse last Sept. 15, then-Treasury Secretary Hank Paulson placed an urgent call to JPMorgan Chase CEO Jamie Dimon and asked the banking veteran to buy rival Morgan Stanley to save it from suffering a similar fate, according to an upcoming book. Dimon, who had come to be seen as the banker of last resort after acquiring Bear Stearns in a government-sponsored takeover the previous March, had misgivings on such a move, though, and passed on the opportunity. The reason, according to the book, was that it would be too difficult to integrate the two similarly...

Although the collapse of Bear Stearns happened back in March, the debate still rages as to what led to the failure of the 85-year old investment bank that had survived years of previous turmoil, including the Great Depression. After JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon appeared on PBS's "The Charlie Rose Show" July 7 and commented on an August 2008 Vanity Fair article alleging that CNBC reporting could have been part of Bear Stearns' downfall, the cable channel's on-air editor Charlie Gasparino criticized what was claimed in the article and Dimon's reaction on CNBC's July 8 "Power Lunch." "Well, you...

Jamie Dimon Goes Insane: "People Who Pass On Rumors Should Go To Jail"* Hilary Lewis | Jul 8, 2008 3:09 AM JP Morgan CEO Jamie Dimon is usually a font of wisdom, but if he actually means what he's quoted as saying on Charlie Rose, he has gone temporarily insane: Reuters: JP Morgan Chase & Co Chief Executive Jamie Dimon said U.S. regulators should investigate whether people betting on Bear Stearns' stock falling deliberately brought down the investment bank. "Where there is smoke, there's fire," Dimon said in an interview with Charlie Rose on PBS, televised on Monday. "I think...

“Where there’s smoke, there’s fire,” is the way JP Morgan Chase CEO Jamie Dimon described the impact of rumors on the downfall of investment bank Bear Stearns. Dimon appeared in a taped interview from Aspen, Colo. on the July 7 broadcast of PBS’s “The Charlie Rose Show.” He discussed the possibility of impropriety involving the collapse of Bear Stearns (NYSE:BSC), which led to the eventual JP Morgan’s (NYSE:JPM) discounted buyout of the beleaguered investment bank. “I would say, ‘Where’s smoke, there’s fire,’” Dimon said. “I’ve heard it. I don’t have evidence of it. I think the Securities and Exchanges Commission...