Jamie Dimon’s 1% Problems: People Don’t Like Rich Criminals Anymore
Jamie Dimon, the head of JPMorgan Chase, would like to make it clear that he is not that kind of banker.
“I’ve disagreed right from the beginning of this blanket blame of all banks,” Dimon said in an interview with Charlie Gasparino of the Fox Business Network Tuesday. “I don’t like that. I think that’s just a form of discrimination that should be stopped.”
Dimon, who has been CEO of JPMorgan Chase since 2005, didn’t get specific about whom he’d rather not be lumped in with. He seemed, though, to be trying to draw a distinction between his own company — which accepted a bailout from the Troubled Asset Relief Program, but is generally seen as having weathered the financial crisis better than many other major firms — and banks that needed a greater degree of government assistance during and after the meltdown.
Whoah. I mean wow this is so tragic it’s one thing for millions of Americans to live in poverty and be thrown out of their homes, it’s quite another to guilt trip a CEO Banker – have a heart!
The interview was taped shortly before Dimon left for the World Economic Forum summit in Davos, Switzerland, where Dimon said he will be speaking with other attendees about financial regulation. At last year’s Davos summit, Dimon made similar remarks pushing back against the vilification of the banking industry, calling it “a really unproductive and unfair way of treating people.”
This is getting out of hand guys, srsly.
I think it’s time for Occupy Wall Street to start making It Gets Better videos for all the poor suffering Wall Street Banksters.
Hang in there Jamie I’m sure your $1.3 million salary and $64 million worth of stock options will help you get through the day – I guess that’s how the taxpayers show they care.
Stay strong Jamie, stay strong.