Brian McLane

Media and Social Commentary

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I’M WITH STUPID. CHASE LOSES 2 BILLION. JAMIE DIMON NEEDS TO RESIGN FROM JP MORGAN CHASE.

May 11th, 2012 · No Comments · Business

Will The Real Jamie Dimon please stand up.

His Wiki reads that he is “an American business executive.”

The same American business executive who today admitted on a conference call that “we were stupid.” Losing 2 billion dollars, on of all things derivatives is more than stupid. Jamie Dimon needs to resign as the current chairman, president and chief executive of JPMorgan Chase. He received a $23 million salary and pay package last year. For this? What’s going to happen now? Chase will raise bank fees and figure out a way to make it up in retail of course.

There needs to be an investigation and people need to go to jail. Simple as that.

Here’s are a few links to stories on the whole sordid mess. The first I found on my Stitcher Radio App. It’s great and I have it set to breaking news only so I’m only notified when it’s something really big. This qualifies. Stitcher grabs radio podcast headlines from around the world. To get the Stitcher App go to your market or store app on your phone. Here’s the exact link from Wall Street Journal.

Jamie Dimon loses 2 Billion More.

Here’s an article on Rolling Stone about this crook.
Liar

Here’s an article in BusinessWeek about this crook.
Crook

So Jamie Dimon is a crook and a liar. Sounds like there’s a website just for him… and guess what? It’s called Crooks and liars.

Jamie Dimon Needs To Resign

Jamie Dimon Doesn't Get It. Jamie Dimon Needs To Resign

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