It’s Now Official: The Financial House that Jamie Dimon Built Is the Riskiest Bank in the United Sta

Discussion in 'Wall St. News' started by ajacobson, Jun 17, 2021.

  1. ajacobson

    ajacobson

    It’s Now Official: The Financial House that Jamie Dimon Built Is the Riskiest Bank in the United States

    Corporate media outlets like Bloomberg News, the CBS news program 60 Minutes, and CNBC have been seduced into obsequious behavior when it comes to Jamie Dimon, the Chairman and CEO of JPMorgan Chase, despite the fact that Dimon has presided over the most unparalleled crime spree in the history of U.S. banking. Between 2014 and September of last year, JPMorgan Chase has been charged with five criminal felony counts by the U.S. Department of Justice. The bank admitted to all five counts. (See the bank’s detailed rap sheet here.)

    Despite this crime spree and endless probation periods followed by more crime, Dimon has further seduced federal bank regulators into allowing his unrepentant behemoth to become the most systemically risky bank in America. That assessment is not our opinion. It is the assessment of the federal government based on hard data.

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    Last edited by a moderator: Jun 17, 2021
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  2. Overnight

    Overnight

    Scumbags. The whole lot of them.