• FaintCryofFreedom

    At least Dimon knows how to play the banksters’ games. “Play by our rules or else” -the best defense is a good offense. He’s still a smug SOB.

  • FaintCryofFreedom

    At least Dimon knows how to play the banksters’ games. “Play by our rules or else” -the best defense is a good offense. He’s still a smug SOB.

  • FaintCryofFreedom

    And closing with such a condescending, typically male chauvinistic comment from Buffett -don’t address the actual problems, sir. Just deride the woman as being angry, dismissing her concerns, which are the concerns of EVERY American citizen who sat & watched the feeding frenzy that was the 2008 financial collapse. You guys are NOT loveable sinners, but thanks for being the parasitic schmucks we’ve watched you morph into.

    • http://www.garyduell.com WealthSaver

      Agreed. If you’re not angry you’re not paying attention.

  • FaintCryofFreedom

    And closing with such a condescending, typically male chauvinistic comment from Buffett -don’t address the actual problems, sir. Just deride the woman as being angry, dismissing her concerns, which are the concerns of EVERY American citizen who sat & watched the feeding frenzy that was the 2008 financial collapse. You guys are NOT loveable sinners, but thanks for being the parasitic schmucks we’ve watched you morph into.

    • http://www.garyduell.com WealthSaver

      Agreed. If you’re not angry you’re not paying attention.

  • FaintCryofFreedom

    Oh, didn’t like those comments, eh? Too bad. Warren ought to be mad. She has a right to her anger at the banking system in America AND abroad. It’s run by people who should be in jail.

  • FaintCryofFreedom

    Oh, didn’t like those comments, eh? Too bad. Warren ought to be mad. She has a right to her anger at the banking system in America AND abroad. It’s run by people who should be in jail.

  • jackwill

    Let me see if I understand Dimon correctly, anyone who questions the way banks do business doesn’t understand the way banks do business, such as how the banks and brokers manipulate the LIBOR and Currency Markets, the stock markets and the commodities markets or how they make more money manipulating the markets than they do by making loans, so they don’t make loans to small business or individuals which restricts the recovery. The fact is the Global Banking System is corrupt to its core and anyone who questions it is ignorant according to Dimon, but if you know how the game is played you can make millions, providing you are not a small fish. If you are a small fish in a big bank guys like Dimon throw you to the wolves so they can deny responsibility. Phil Gramm, Greenspan and Clinton repealed Glass Steagall in 1999 at the urging of the banks so they could be more “competitive” (remember when Sandy Weil laughed about merging Citi with Travelers and creating the first too big to fail in 1998 just before the repeal of Glass Steagall) and what followed was the worst financial crisis since the 1930s. Then Paulson gave away an unaudited $700 billion to the banks and brokers and it was ok with Dimon because from the wreckage of the crisis Chase emerged as the biggest bank in the world and Dimon became a billionaire). The fact is he and his peers are untouchable (the DOJ never prosecuted any of the compliance or fraud issues they discovered), if their banks break the law, no problem they just pay a fine which is a fraction of their take off the illegal transactions, the fine is the cost of doing business and neither Dimon nor his peers spend one minute in jail. As for Warren the banks can wait her out, they will be around a lot longer than she will be and they have the money to buy off Congress so it waters down/repeals Dodd Frank which is a watered down Glass Steagall at best. So who doesn’t understand the Global Banking system?

    • http://www.garyduell.com WealthSaver

      I think the bankers have underestimated breaking point of the average American. Representatives with intelligence, integrity and grit- like Warren -are fomenting a groundswell that is going to take down these absolutely worthless leeches on our economy & national well-being.

  • jackwill

    Let me see if I understand Dimon correctly, anyone who questions the way banks do business doesn’t understand the way banks do business, such as how the banks and brokers manipulate the LIBOR and Currency Markets, the stock markets and the commodities markets or how they make more money manipulating the markets than they do by making loans, so they don’t make loans to small business or individuals which restricts the recovery. The fact is the Global Banking System is corrupt to its core and anyone who questions it is ignorant according to Dimon, but if you know how the game is played you can make millions, providing you are not a small fish. If you are a small fish in a big bank guys like Dimon throw you to the wolves so they can deny responsibility. Phil Gramm, Greenspan and Clinton repealed Glass Steagall in 1999 at the urging of the banks so they could be more “competitive” (remember when Sandy Weil laughed about merging Citi with Travelers and creating the first too big to fail in 1998 just before the repeal of Glass Steagall) and what followed was the worst financial crisis since the 1930s. Then Paulson gave away an unaudited $700 billion to the banks and brokers and it was ok with Dimon because from the wreckage of the crisis Chase emerged as the biggest bank in the world and Dimon became a billionaire). The fact is he and his peers are untouchable (the DOJ never prosecuted any of the compliance or fraud issues they discovered), if their banks break the law, no problem they just pay a fine which is a fraction of their take off the illegal transactions, the fine is the cost of doing business and neither Dimon nor his peers spend one minute in jail. As for Warren the banks can wait her out, they will be around a lot longer than she will be and they have the money to buy off Congress so it waters down/repeals Dodd Frank which is a watered down Glass Steagall at best. So who doesn’t understand the Global Banking system?

    • http://www.garyduell.com WealthSaver

      I think the bankers have underestimated breaking point of the average American. Representatives with intelligence, integrity and grit- like Warren -are fomenting a groundswell that is going to take down these absolutely worthless leeches on our economy & national well-being.