If only the DFHs
would STFU
we could get back to business as usual!
Bloomberg:
[DIMON] “If we act like a dysfunctional family and we don’t finish these things and we’re [what do you mean, "we"?] forever debating them, I think this will go on for several years,” Dimon, 52, said at a conference hosted by the U.S. Chamber of Commerce in Washington. “It’s completely up to us at this point.”
[DIMON] “When I hear the constant vilification of corporate America, I personally don’t understand it,”[No, I wouldn't think so] Dimon said in his speech. “I would ask a lot of our folks in government to stop doing it because I think it’s hurting our [what do you mean, "our"?] country.”
Vilification... You mean, like "What did you do with my trillions, you swelling pustule? Like that?
Dimon called for the U.S. to create a “systemic risk regulator” and put procedures in place to deal with potential failures of large financial institutions.
Stop me before I loot again!
Some smart person at JP Morgan really ought to muzzle Dimon, don't you think? But then, how could they? He's so... so.... so perfect.
NOTE I believe Jamie has played our little game before.... Indeed, yes! And, of course, nobody could have predicted....
UPDATE Oh, and Bloomberg's headline is classic:
Dimon Says Banking System Can Be Saved If Corporate `Vilification' Stops
Down, wantons, down!
- lambert's blog
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How's life in that
bubble, Jamie?
Unbelievable. But if the nastiness being directed at Madoff's lawyer is any indication, these guys are Public Enemy #1 as far as public sentiment/anger is concerned.
Watch your back, jerk.
We'll stop the vilification
as soon as we can start the prosecution.
Although, even that may not amount to much. For example, I would not be surprised to hear that Madoff's punishment after pleading guilty to looting $64B will be to stay in his posh Manhattan abode and his wife will be able to keep $70M in assets because Madoff says they are "unrelated" to the alleged Ponzi scheme. Yep, I guess Madoff had some side business making profit for him that he gave to his wife. Well, if that's what one of the oligarchy have said, who are we common serfs to question him?