At first Dimon called the leveraged proprietary trading debacle a "Tempest in a Teapot"...
Next Jamie claims the multi billion bet gone bad loss was simply a hedge!
Then Dimon maintains he was not aware of the trading activities of his long time, highly compensated cronies, despite a number of publications including the Wall Street Journal reporting on the elevated risk being taken on by JPMorgan months before the debacle.
Add insult to injury, it was then discovered Jamie Dimon employed a curator of a museum, the grandson of a billionaire and an executive of a company that make controls for airplanes to oversee JPMorgan's risk trading.
Now shameless Dimon sits in front of a Senate Committee he bought off years ago via hefty campaign donations stating regulation is "unnecessary"!
Dimon is a pathological liar, a degenerate gambler, who places ill gotten profit before country! America is sick of his kind, that have devastated the world economy. Bring back Glass-Steagall!!
No bigger hypocrite than Jamie Dimon, unfortunately Dimon and the bank lobbies own our legislatures, including the senate committee that refused to ask the tough questions, let Jamie off the hook. We reside in a corrupt plutocracy.
Frankly, America can't do sheet to this guy. He owns/runs our legislators and his BOD. If he was in Great Britain he would have the title of 'Sir' in front of his name. How sad is that.
Well Jamie, I am not running for anything so you don't have to contribute to my campaign fund and buy my vote or influence. Therefore, I can say that you, Lloyd and all your banking buddy CEO's are a bunch of scumbags in the highest sense.
I just wish someone had the balls to stand up to this group!