Re: "Throughout the crisis caused by Dimon and his cronies, he's remained a confidante of Treasury Secretary Timothy Geithner, a relationship which, amazingly, neither party seems to find remotely improper."
Working together, these two have been most instrumental in preserving some Wall St financial institutions, including apparent zombie banks, at the expense of regional institutions, such as WaMu, and the rest of country, often referred to as Main St.
Mr Dimon's JPM Chase has become this nation's largest bank -- thanks in large part to its FDIC-assisted consumption of a solvent WaMu and the unabated decline of Bank of America (BAC). Mr Dimon's JPM Chase also has on its books the largest accumulation of derivatives, valued at $79 trillion. It is unlikely that Treasury Secretary Mr Geithner would not buttress Mr Dimon's JPM Chase with additional taxpayer subsidies when necessary.
In January, 2010, Mr Dimon, along with three other leaders of big Wall St banks, was summoned to testify before the Financial Crisis Inquiry Commission, chaired by Phil Angelides, who received ample financial support from JPM during his political career in CA. Mr Dimon did not say much of interest, even about his acquisition of $307B of WaMu's assets for $1.88B; but he did provide a matter-of-fact suggestion of what he and his colleagues have done to this country's financial system:
"JP Morgan Chase did not respond to requests for comment.
As for the Foster School of Business, officials say they did not anticipate the public’s outrage. The controversial banker was invited to participate in the fundraising event, about 18 months ago. Long before the birth of the Occupy movement.
However, Dimon has been the target of several Occupy Wall Street protests in recent weeks, including rallies outside his home.
The French had a little party for guys just like JD
around the time of our revolution. They had a fun party game involving a big toy called a Guillotine.
Perhaps there are some OR and WA residents who have suffered foreclosure by Jamie Dimon's bank? There have been efforts around the country to resist such foreclosures. One such:
"Barnes claims in the suit that Chase committed 'nationalized fraud' by using false and fraudulent documents to foreclose on homes and in claiming it has the right to foreclose on loans made by the now defunct Washington Mutual Bank. Chase took over Washington Mutual in 2008."
Perhaps some who have been abused by JPM Chase will find time to publicly express their opinion of Jamie Dimon?
Billb mentioned the French party favor for the aristocracy during their revolution. I found it ironic that in JD's mansion that he had difficulty selling, there is a very telling self-portrait? If you scroll through the photos depicting how the 1% live to the 12th photo, you will find the apropo portrait of living without a conscience!
Charamba, Douro 2008
Horse Heaven Hills, Cabernet 2010
Lorelle, Horse Heaven Hills Pinot Grigio 2011
Avignonesi, Montepulciano 2004
Lorelle, Willamette Valley Pinot Noir 2011
Villa Antinori, Toscana 2007
Mercedes Eguren, Cabernet Sauvignon 2009
Lorelle, Columbia Valley Cabernet 2011
Purple Moon, Merlot 2011
Purple Moon, Chardonnnay 2011
Abacela, Vintner's Blend No. 12
Opula Red Blend 2010
Liberte, Pinot Noir 2010
Chateau Ste. Michelle, Indian Wells Red Blend 2010
Woodbridge, Chardonnay 2011
King Estate, Pinot Noir 2011
Famille Perrin, Cotes du Rhone Villages 2010
Columbia Crest, Les Chevaux Red 2010
14 Hands, Hot to Trot White Blend
Familia Bianchi, Malbec 2009
Terrapin Cellars, Pinot Gris 2011
Columbia Crest, Walter Clore Private Reserve 2009
Campo Viejo, Rioja, Termpranillo 2010
Ravenswood, Cabernet Sauvignon 2009
Quinta das Amoras, Vinho Tinto 2010
Waterbrook, Reserve Merlot 2009
Lorelle, Horse Heaven Hills, Pinot Grigio 2011
Tarantas, Rose
Chateau Lajarre, Bordeaux 2009
La Vielle Ferme, Rose 2011
Benvolio, Pinot Grigio 2011
Nobilo Icon, Pinot Noir 2009
Lello, Douro Tinto 2009
Quinson Fils, Cotes de Provence Rose 2011
Anindor, Pinot Gris 2010
Buenas Ondas, Syrah Rose 2010
Les Fiefs d'Anglars, Malbec 2009
14 Hands, Pinot Gris 2011
Conundrum 2012
Condes de Albarei, Albariño 2011
Columbia Crest, Walter Clore Private Reserve 2007
Penelope Sanchez, Garnacha Syrah 2010
Canoe Ridge, Merlot 2007
Atalaya do Mar, Godello 2010
Vega Montan, Mencia
Benvolio, Pinot Grigio
Nobilo Icon, Pinot Noir, Marlborough 2009
Portuga, Rose 2011
Revelation, Chardonnay, Pays d'Oc 2010
Beaulieu, Cabernet, Rutherford 2005
Monte Alto, Tinto Reserva 2005
Chateau Ste. Michelle, Cabernet, Indian Wells 2009
Espiral, Vinho Rose
Vin-Koru, Pinot Gris 2011
14 Hands, Hot to Trot Red 2009
Rodney Strong, Cabernet, Sonoma 2009
Abacela, Vintner's Blend #11
Portuga, White 2010
La Bourgeoisie, Red 2009
Januik, Red 2009
Three Rivers, River's Red 2008
Kirkland, Alexander Valley Merlot 2008
Muga, Rioja Rose 2010
Quinta das Amoras, Vinho Tinto 2009
Mauro Molino, Barbera d'Alba 2009
Garda Chiaretto Rose
Columbia Crest, Two Vines Vineyard 10 White
Chateau Ste. Michelle, Pinot Gris, Columbia Valley 2009
L'Hortus, Rose de Saignee 2010
Maculan, Pino & Toi 2008
McKinley Springs, Bombing Range Red 2008
Trader Joe's Pinot Gris 2009
Montes Alpha, Cabernet 2007
Gran Sasso, Sangiovese, Terre di Chieti 2009
Garda, Classico Chiaretto Rose
Beaulieu, Cabernet, Rutherford 1999
Picos del Montgo, Tempranillo 2008
Chateau de Montmirail, Vacqueyras 2008
La Granja 360, Syrah 2009
Montgras, Carmenere Reserva 2009
Lange, Pinot Gris 2009
Columbia Crest, Horse Heaven Hills Cabernet 2008
Kirkland, Pinot Grigio 2010
Trader Joe's Coastal Syrah 2009
Columbia Crest, Horse Heaven Hills Merlot 2008
Trader Joe's Coastal Chardonnay 2009
Vieux Papes Red
Domaine de l'Aujardiere, Chardonnay 2009
Santa Rita, Cabernet, Medalla Real 2007
Penfold's, Koonunga Hill Shiraz Cabernet 2008
Guild, Red, Lot #02 2008
Dievole, Dievolino Sangiovese 2008
Laforet, Burgogne Chardonnay 2009
Columbia Winery, Merlot 2007
Bonterra, Cabernet 2008
Elk Cove, Pinot Gris 2009
Maquis Lien 2006
Scott Paul, Pinot Noir, Le Paulee 2007
The Occasional Book
Hope Larson - A Wrinkle in Time, the Graphic Novel
Rudyard Kipling - Kim
Peter Ames Carlin - Bruce
Fran Cannon Slayton - When the Whistle Blows
Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt
Road Work
Miles run year to date: 26
At this date last year: 66
Total run in 2012: 129
In 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269
Comments (8)
But when you and your buddies are doing God's Work you've got to expect lesser beings to not understand. Ahh the trials and tribulations of the elite!
Posted by EB | November 1, 2011 8:52 AM
"What do we want?"
"We don't know!"
"When do we want it?"
"Now!"
Posted by Harry | November 1, 2011 10:54 AM
Re: "Throughout the crisis caused by Dimon and his cronies, he's remained a confidante of Treasury Secretary Timothy Geithner, a relationship which, amazingly, neither party seems to find remotely improper."
The Seattle St piece might have included mention that Mr Dimon has been on the Board of Directors of the Fed throughout the continuing Great Recession (CGR):
http://www.ny.frb.org/aboutthefed/org_nydirectors.html
http://www.ny.frb.org/aboutthefed/annual/annual08/directors.pdf
Mr Geithner, of course, was the president of the NY Fed during the early months of the CGR:
http://www.ny.frb.org/aboutthefed/orgchart/geithner.html
Working together, these two have been most instrumental in preserving some Wall St financial institutions, including apparent zombie banks, at the expense of regional institutions, such as WaMu, and the rest of country, often referred to as Main St.
Mr Dimon's JPM Chase has become this nation's largest bank -- thanks in large part to its FDIC-assisted consumption of a solvent WaMu and the unabated decline of Bank of America (BAC). Mr Dimon's JPM Chase also has on its books the largest accumulation of derivatives, valued at $79 trillion. It is unlikely that Treasury Secretary Mr Geithner would not buttress Mr Dimon's JPM Chase with additional taxpayer subsidies when necessary.
Posted by Gardiner Menefree | November 1, 2011 11:10 AM
Once again,
In January, 2010, Mr Dimon, along with three other leaders of big Wall St banks, was summoned to testify before the Financial Crisis Inquiry Commission, chaired by Phil Angelides, who received ample financial support from JPM during his political career in CA. Mr Dimon did not say much of interest, even about his acquisition of $307B of WaMu's assets for $1.88B; but he did provide a matter-of-fact suggestion of what he and his colleagues have done to this country's financial system:
"Reflecting on the volatility that has rocked the markets, [Dimon] recalled, 'My daughter called me from school one day and said, "Dad, what’s a financial crisis?" And, without trying to be funny, I said, "This type of thing happens every five to seven years." And she said, "Why is everyone so surprised?"'"
http://www.nytimes.com/2010/01/14/business/14panel.html?scp=3&sq=Dimon%20+%20Congressional%20hearings&st=cse
Posted by Gardiner Menefree | November 1, 2011 11:10 AM
"JP Morgan Chase did not respond to requests for comment.
As for the Foster School of Business, officials say they did not anticipate the public’s outrage. The controversial banker was invited to participate in the fundraising event, about 18 months ago. Long before the birth of the Occupy movement.
However, Dimon has been the target of several Occupy Wall Street protests in recent weeks, including rallies outside his home.
Activists will march from Westlake Park to the Sheraton Hotel Wednesday, Nov. 2 at 6pm."
http://www.kplu.org/post/occupy-seattle-wants-disrupt-visit-jp-morgans-jamie-dimon
Posted by Gardiner Menefree | November 1, 2011 12:25 PM
The French had a little party for guys just like JD
around the time of our revolution. They had a fun party game involving a big toy called a Guillotine.
Posted by billb | November 1, 2011 2:53 PM
Perhaps there are some OR and WA residents who have suffered foreclosure by Jamie Dimon's bank? There have been efforts around the country to resist such foreclosures. One such:
"A California-based foreclosure defense attorney is going after the banks in unusual fashion, filing a Florida RICO lawsuit against J.P. Morgan Chase in Palm Beach County with a Boca Raton resident as lead plaintiff."
http://www.palmbeachpost.com/money/foreclosures/lawsuit-accuses-chase-of-nationalized-fraud-1856294.html?sort=desc#commentsList
"Barnes claims in the suit that Chase committed 'nationalized fraud' by using false and fraudulent documents to foreclose on homes and in claiming it has the right to foreclose on loans made by the now defunct Washington Mutual Bank. Chase took over Washington Mutual in 2008."
Perhaps some who have been abused by JPM Chase will find time to publicly express their opinion of Jamie Dimon?
Posted by Gardiner Menefree | November 1, 2011 7:25 PM
Billb mentioned the French party favor for the aristocracy during their revolution. I found it ironic that in JD's mansion that he had difficulty selling, there is a very telling self-portrait? If you scroll through the photos depicting how the 1% live to the 12th photo, you will find the apropo portrait of living without a conscience!
http://www.luxist.com/2010/07/21/jamie-dimons-slow-seller-estate-of-the-day/
Someone should photo-shop that onto a sign when they demand justice in Seattle.
Posted by sheila | November 2, 2011 8:06 AM