Wednesday, June 3, 2015

We Owe Jamie Dimon a Great Debt of Magnitude

June 3, 2015
Jamie Dimon Is Officially a Billionaire

Dimon’s fortune derives from a $485 million stake in New York-based JPMorgan, where he’s been chief executive officer since the end of 2005, and an investment portfolio seeded by proceeds from Citigroup stock sales.

That's $3.43 for every man, woman, and child in this country. Let's give the debt man a hearty round of applause!

4 comments:

mab said...

Long over due! Just like many of the trillions of fraudulent mortgages Mssr. Dimon peddled.

Ya gotta give credit where it's due. Even better to give credit where it isn't due - or so it seems.

No bitterness or sarcasm here. None. Zip, zilch, nada. Shine on you crazy Dimon! By the way, which one is Pink?

Stagflationary Mark said...

mab,

Hahaha! Wonderful commentary! Bravo!!

You deserve to do the dew! You earned every drop, just like Dimon did when he worked at Citigroup. Unfortunately, he was let go from that company before the 90% loss in shareholder value. Missed the opportunity to get his fair share of the prosperity! Oh, well. His lack of loss.

Who am I to talk though? Citigroup was a top holding of mine in 2004. Treated mecwell too. It was the first to be sold when I lost the faith in our housing bubble economy though. No joke.

mab said...

Learning that Dimon was a billionaire renewed my faith in the system!!!!! Seriously!!!! Very f^&ING SERIOUSLY. I soooooo needed that!!!!!!!!!!!!


Sometimes, we all need a little positive news to lift our spirits. The American dream lives - on Wall Street! Main Street can read about it in our "free" press!!!!!! Or better yet, get told about "IT" on CNBC!!!!!

Dual Mandate baby, that's what I be, talkin about!!!!!!!

Waaaaaahhhhhhhhhoooooooooooooo! It's a grrrrreeeaaaaaattttt system. Just ask Warren Buffffffffetttttttttttttt!!!!!!!!!!!!!!!

Stagflationary Mark said...

mab,

Perhaps it is a duel mandate, and the joke is on us.