I just wanted to start a thread and see what others thought about Jamie Dimon's 60 Minutes episode tonight. Lesley Stahl interview rhetoric? Jamie Dimon responses?
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jamie dimond got BTFOd
When does Diamond get his 60 minutes? Dimon fumbled, he reminds me of the back-stabbing analysts in my bullpen who attack from the shadows, but when face-to-face are caught like a deer in headlights
https://www.cbsnews.com/news/jamie-dimon-jp-morgan-chase-ceo-the-60-min…
Haha this wage gap stuff is soooo dumb. Jamie made 31 mil, JP Morgan Chase has 250,000 employees. Quick math shows each employee could have an extra $124 a year if Jamie gave it all back. GTFO with that BS.
Mortgage crisis... Oh gawwdd here we go again. Media points the finger at the rich people. Nobody points out the federal housing commission requiring Fannie Mae and Freddie Mac to originate a ton of subprime loans resulting in an effective total of 40% of all mortgages. Media blames the banks for passing the risk around through financial instruments they don't understand. Peter J Wallison's "Hidden in Plain Sight" gives all the data, as well as his dissenting opinion in the 2010 financial crisis inquiry.
Always easier to push a "rich guy bad" narrative than to look at the data. GTFO 60 minutes Jamie's a baller.
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