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Most recent 20 results returned for keyword: JPM (Search this on MAP)

https://plus.google.com/102295640592830602134 amistrone JPM :

Watch the video: YouTube


3 hours ago - Via Google+ - View -
https://plus.google.com/101387573283686938373 Centerstate Bank - Correspondent Division : Irony: $BAC, $JPM, $WFC and $C are the least favorite bank brands with Millennials, yet 68% of Millennials...
Irony: $BAC, $JPM, $WFC and $C are the least favorite bank brands with Millennials, yet 68% of Millennials use those banks.
1 day ago - Via - View -
https://plus.google.com/102099824335871236667 JPM Moten :

https://lh6.googleusercontent.com/-6N8qf8sHVPg/VFAAfpnbncI/AAAAAAAAHZE/aiYV9JSosP8/w506-h750/11.jpg
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https://plus.google.com/101205525277398102884 Real Estate Cash Outs : No real estate bubble: JPM, Starwood, Morgan Stanley pros http://www.realestatecashouts.com/real-estate...
No real estate bubble: JPM, Starwood, Morgan Stanley pros http://www.realestatecashouts.com/real-estate-insider.html

#realestateinvestment #realestate
Real Estate Insider
Aaron Ontiveroz | The Denver Post | Getty Images Downtown Denver  Lawrence Delevingne |   @ldelevingne CNBC.com
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https://plus.google.com/118340999515052172693 Diego D'Aquilio : JPM Morgan Chase (JPM) Drops Plan to Build 2 West Side Towers
JPM Morgan Chase (JPM) Drops Plan to Build 2 West Side Towers
JPMorgan Chase Drops Plan to Build 2 West Side Towers - NYTimes.com
The proposed building project foundered on issues including a package of tax breaks to the bank that was publicly scoffed at by Mayor Bill de Blasio.
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https://plus.google.com/111650554685366476427 J.P.M :

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https://plus.google.com/108301956541801404171 JPM Pool Cage Painting : Looking for a reliable company to rehab, paint, and re-screen your pool enclosure? Check out some of...
Looking for a reliable company to rehab, paint, and re-screen your pool enclosure? Check out some of our reviews: http://www.poolcagepainting.com/company-reviews/
Company Reviews | JPM Painters

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https://plus.google.com/102099824335871236667 JPM Moten : My baby boy kicks ass!! Thanks google for the video!!
My baby boy kicks ass!! Thanks google for the video!!
Watch the video: MOVIE.m4v
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My baby boy kicks ass!! Thanks google for the video!!
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https://plus.google.com/102099824335871236667 JPM Moten : Hard hat days!!
Hard hat days!!
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6 days ago - Via Google+ - View -
https://plus.google.com/102099824335871236667 JPM Moten : Jadyn at his Ji Jitsu tournament in Santa Cruz!!!
Jadyn at his Ji Jitsu tournament in Santa Cruz!!!
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6 days ago - Via Google+ - View -
https://plus.google.com/110734946218641679352 Rex Dexter : JAMIE DIMON: U.S. MUST CREATE A “SAFE HARBOR” WHERE JPM’S CORRUPTION IS NOT “PUNISHED” October 24, ...
JAMIE DIMON: U.S. MUST CREATE A “SAFE HARBOR” WHERE JPM’S CORRUPTION IS NOT “PUNISHED”

October 24, 2014

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SOURCE: WILLIAM K. BLACK

I want to give a hat tip to a recent Wall Street Journal article that brought to my attention two damning admissions by JPMorgan’s (JPM) CEO and Chairman of the Board, Jamie Dimon.  

The irony is that Dimon was lulled into making these admissions because he was basking in the perfect calm created by the confluence of Sorkin’s and CNBC’s storied sycophancy at the one place on earth where elite bankers feel most loved, honored, and protected – the annual meeting of the ultra-wealthy in Davos, Switzerland.  

Sorkin was the only interviewer, so Dimon faced no risk of tough questions.  

It may well have been this perfect setting that caused Dimon to let slip the mask and reveal two illustrative sins of elite bankers reported in the WSJ article.

“A spokesman for J.P. Morgan declined to comment on the continuing investigations. Mr. Dimon said in a January 2014 interview on CNBC that it has been a ‘norm of business for years’ for banks to hire [ex government officials and the] sons and daughters of companies’ [controlling officers] and to give them ‘proper jobs’ without violating the law.

‘But we got to figure out exactly how to create a safe harbor for that so you don’t…end up getting punished,’ he told the interviewer, according to a CNBC transcript.”

Yes, you read that correctly.  

It has been a “norm of business for years” for multinational corporations to hire the “sons and daughters of companies’ [controlling officials]” and to hire “ex government officials” in order to secure the favor of those powerful officials for the banks.

Dimon’s concern is that it is essential that firms should be able to continue to purchase this influence with other elites in this manner with no threat of ever “getting punished” for buying influence with such powerful foreign officials.”  

JPM’s priority is “to figure out exactly how to create a safe haven for that.”  

The elite firms’ “norm of business for years” is not an admission from Dimon’s perspective, but rather a claim of right.  

Anything that elite firms have done successfully for years to purchase influence with other elites (including hiring “ex government officials”) is obviously something that they have a right to continue to do – with total impunity from “getting punished.”  

It’s not bribery, it’s buying influence with powerful officials who run firms and government agencies and ministries.

I promptly found the CNBC interview transcript, and it was such a classic of its genre that one can see how Dimon could let down his guard and make these admissions, or as he presented them, legitimate demands on the U.S. government to create such a “safe harbor” for U.S. multinational corporations.

Two Good Ol’ Boys at Davos

The joy begins with the professional tone and distance that Sorkin brings to sycophancy.  

Dimon reinforces this professionalism throughout the interview.  

Their opening exchange sets the stage.

ANDREW ROSS SORKIN: Jamie Dimon, thanks for being here.

JAMIE DIMON: I’m thrilled to be here, Andrew.

The interview ends on the same high, professional tone.

ANDREW ROSS SORKIN: –thank you very much, Jamie. Appreciate it. Thanks.

Just two good ol’ buys shooting the breeze in Davos.

JPM’s “Chinese Princelings” and JPM’s “Purity”

Sorkin brings up the fact that JPM hires “Chinese princelings” to curry favor with their parents.  

Dimon responds that “I’m not going to through any of the current” governmental investigations of JPM.  

To Sorkin’s credit, he asks a follow-up about JPM losing a potential IPO engagement with a Chinese firm due to a “Chinese princeling” issue.  

Dimon responds with this a fabulous line:  “we’re trying to make decisions that try to make us as pure as possible.”  

Yes, Dimon rebrands JPM as purer than Ivory soap.  

His very next argument is this is why it is essential that the governments create a “safe harbor” so that JPM can hire the princelings and ex government officials in order to curry favor with the elites that control firms and governmental agencies without any risk of “punishment.”  

You know, “as pure as possible.”

Sorkin Closes for the Killer Interview Question to Dimon

It’s an incredible set up for Sorkin.  

Sorkin pounces for the kill, leaping on his now helplessly hypocritical prey.  

Or, alternative B, he doesn’t actually listen to Dimon’s amazing answer to his question and instead interrupts the answer just as Dimon demands the creation of a “safe harbor” under which firms like JPM can continue to hire “Chinese princelings” and “ex government officials” for the express purpose of buying corporate and governmental influence without any risk of “getting punished.”

ANDREW ROSS SORKIN: Is there anything in this–

JAMIE DIMON: –getting punished.

ANDREW ROSS SORKIN: –whole thing that you’ve read that’s made you uncomfortable?

JAMIE DIMON: I’m not– actually I don’t want to go anymore into that one, yeah.

When Dimon blows off Sorkin’s inane question about whether he has read anything that has made him “uncomfortable,” Sorkin switches to the perfect Davos question.  

“Is the stock market out over its skis relative to where we are in the true economy?”

Who’s Your Daddy?

It never dawns on Sorkin during the interview that there might be something desperately wrong about Dimon’s belief that multinational corporations have the inalienable right to buy influence through their hires of “ex government officials” and “Chinese princelings” and that the duty of the U.S. government is to create a “safe harbor” for JPM’s officers so that they can be assured that they can freely buy influence with no risk of “getting punished.”  

There epitome of merit-based hiring at JPM’s China operations is based on the answer to the colloquial question:  “who’s your daddy?”

http://www.blacklistednews.com/Jamie_Dimon%3A_U.S._Must_Create_a_%E2%80%9CSafe_Harbor%E2%80%9D_Where_JPM%E2%80%99s_Corruption_Is_Not_%E2%80%9CPunished%E2%80%9D/38770/0/38/38/Y/M.html
6 days ago - Via Google+ - View -
https://plus.google.com/109797603141216191983 State of Globe : New post (Fastest Pace Of Withdrawals From JPM's Gold Vault In Over A Year) has been published on State...
New post (Fastest Pace Of Withdrawals From JPM's Gold Vault In Over A Year) has been published on State of Globe
Fastest Pace Of Withdrawals From JPM's Gold Vault In Over A Year | State of Globe
While JPM's eligible gold holdings are nowhere near the record lows hit in the summer of 2013, when they dropped to a tiny 46K ounces, sparking con...
6 days ago - Via Google+ - View -
https://plus.google.com/118085582547442337360 Peak Growth Investments : Fastest Pace Of Withdrawals From JPM's Gold Vault In Over A Year #economy #ausbiz #ASX http://buff.ly...
Fastest Pace Of Withdrawals From JPM's Gold Vault In Over A Year #economy #ausbiz #ASX http://buff.ly/1pItmxz
Fastest Pace Of Withdrawals From JPM's Gold Vault In Over A Year | Zero Hedge
While JPM's eligible gold holdings are nowhere near the record lows hit in the summer of 2013, when they dropped to a tiny 46K ounces, sparking concerns of a potential deliverable default, yesterday according to the daily CME gold depository report, JPM saw a whopping 321,500 ounces, or about 10 tons of gold, withdrawn. This was the biggest outflow since the August 5 rebalance when nearly 1.5 million ounces were withdrawn and added, and was the b...
6 days ago - Via - View -
https://plus.google.com/109797603141216191983 State of Globe : New post (GLD Drained Again Yesterday – 33% of JPM’s Comex Gold Is Drained) has been published on State...
New post (GLD Drained Again Yesterday – 33% of JPM’s Comex Gold Is Drained) has been published on State of Globe
GLD Drained Again Yesterday – 33% of JPM’s Comex Gold Is Drained | State of Globe
by Dave Kranzler, Investment Research Dynamics: Another 2 tonnes of gold was removed from the GLD trust yesterday. The last time the reported amount of...
7 days ago - Via Google+ - View -
https://plus.google.com/104140272098689841413 Roger Erickson : Jamie Dimon: U.S. Must Create a “Safe Harbor” Where JPM’s Corruption Is Not “Punished” http://newec...
Jamie Dimon: U.S. Must Create a “Safe Harbor” Where JPM’s Corruption Is Not “Punished”

http://neweconomicperspectives.org/2014/10/jamie-dimon-u-s-must-create-safe-harbor-jpms-corruption-punished.html
Jamie Dimon: U.S. Must Create a “Safe Harbor” Where JPM’s Corruption Is Not “Punished”
By William K. Black I want to give a hat tip to a recent Wall Street Journal article that brought to my attention two damning admissions by JPMorgan’s (JPM) CEO and Chairman of the Board, Jamie Dimon.  The irony is that Dimon was lulled into making thes
7 days ago - Via Google+ - View -
https://plus.google.com/107407467723607045477 Joshua Roberts : GLD Drained Again Yesterday – 33% of JPM’s Comex Gold Is Drained http://ow.ly/2PC3GG
GLD Drained Again Yesterday – 33% of JPM’s Comex Gold Is Drained http://ow.ly/2PC3GG
GLD Drained Again Yesterday – 33% of JPM’s Comex Gold Is Drained | SilverDoctors.com
Another 2 tonnes of gold was removed from the GLD trust yesterday.  The last time the reported amount of gold in GLD was this low was November 18, 2008.  
7 days ago - Via Reshared Post - View -