Wednesday, April 20, 2016

"25 Basis Points Doesn't Means Almost Nothing to Anyone"

April 13, 2016
JPMorgan CEO Jamie Dimon tells Yahoo Finance what he's seeing in the economy

"25 basis points doesn't means almost nothing to anyone," he said. "I'm hoping you see another rate raise or two because the economy is going strong."

You tell 'em Jamie. Obfuscate that lipstick on the pig!

April 19, 2016
Wall Street bankers facing pay cuts as profits fall

JPMorgan Chase, which announced earnings last week, reported a 5 percent reduction in overall pay and 14 percent cuts to compensation at its corporate and investment bank.

Strong economy. Best ever!

2 comments:

Anonymous said...

WTF kind of English is that?

Sound like this also could belong under the "Kudos to Yahoo" section below!

Stagflationary Mark said...

Yeah, I think there was definitely a translation problem. English to WTF English! Hahaha! ;)