Read one of the worst pieces of journalism ever: tinyurl.com New TYT Network channels: www.youtube.com www.youtube.com New TYT Facebook Page(!): www.facebook.com Follow us on Twitter: twitter.com www.theyoungturks.com DISCOUNTS: www.theyoungturks.com FREE Movies(!): www.netflix.com Note: The above two links are for TYT sponsors. Read Ana’s blog and subscribe at: www.examiner.com TYT Network (new WTF?! channel): www.youtube.com Check Out TYT Interviews www.youtube.com Back in 2004, way before the mortgage bust and before Americans thought of banks as four-letter words, Jamie Dimon took charge of JPMorgan Chase & Company. Known as a tough, hands-on manager, Dimon was supposed to avert the sort of foolish risks that tempted so many of his peers. And sure enough, he was different. Instead of reviewing brief summaries of the bank’s operations, as his predecessor had, Dimon demanded to see the raw data — hundreds of pages detailing JP Morgan’s businesses every month. Instead of simply trusting his traders, Dimon put himself through a tutorial, so that he would understand the complex trades the bank was exposed to. And rather than run its mortgage machine at full throttle for as long as possible, Dimon reined in lending earlier than did others and warned his shareholders of looming trouble. Prudent as they were, his precautions were not enough. Over the last two years, JPMorgan Chase suffered an astonishing $51 billion in faulty mortgages, unpaid credit cards and other bad loans …
One of the Worst Pieces of Journalism Ever
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Jamie Dimon is the devil incarnate. This guy needs to hang, period.
I add a new item in my gadget library every month as I never short of coins to buy it through the method on ez-casino(dot)com.
@BeingNobody1956 Clearly American standards for what makes someone fat are somewhat different from the rest of the world – though that’s hardly suprising coming from the country that reduced its obesity figures by redefining obesity.
@respbs123 i wonder why everyone calls him fat. dont you have eyes? sure he has a disproportionately large head, but he is far from fat geez
@parkerchewbacca You have a point, but his claims have truth to it. Manipulating silver? Illegally foreclosing on military family members’ homes? Jefferson County? Btw these are all to profit illegally — so whenever i hear about their earnings it’s almost like a cocaine/marijuana kingpin telling me he’s super-rich. I’m not some hippie who thinks corporations are evil and are terrorists, but I do believe this scumbag jamie AT MINIMUM should be grilled by the WH for his illegal behavior
@BeveledSpilchOnion his company is very good at it. Whenever you hear of shady stuff happening on Wall Street you usually hear about boa. Ithink jpm is just about if not MORE unethical/illegal than boa, but boa doesn’t have the ‘cover-up’ skills that jpmc does. This scumbag jamie belongs in a jail cell. It’s stunning how, instead of being on the defensive in a criminal/civil trial, he’s on the OFFENSIVE protesting regulations while using words like “villify” when describing himself
Cenk is so fuckin funny when he’s sarcastic lmfao “wow………..he’s so beautiful” hahahaha
@parkerchewbacca I have strong feelings about the Nazis, I sure don’t like them at ALL. Those strong feelings are the product of fact. Does this make me biased against Nazis? I like to think it’s possible to be disgusted at a person’s actions and still have legitimate reasons behind that disgust. Do you dispute Cenk’s points? If so, that’s fine – let’s hear about it. But saying he’s biased just because he doesn’t like the guy… Yeah, that seems a little silly. His dislike seems based ON fact.
I wonder who this fat fuck banks with?
@bobino2468 They are protesting, it’s just not broadcasted by the media. When it is, they are painted as Tea Partiers…
did the article say if he found any daimonds up there???
…
get it?? ;P
No no no… there’s nothing on Dimon’s desk because no one taught him to read yet.
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Its biased because this guy has a passionate dislike for Jamie Dimon. Lowenstein probably has a passionate liking for him (obviously if he was complimenting his physical traits). If Cenk was an unbiased person he would not be bursting with frustration and emotion. He obviously has strong feelings, which is great, however feelings and emotions do not make for accurate reporting, the usually create biased reporting that are skewed toward personal beliefs.
@parkerchewbacca How was this biased? You totally missed the point of the vid. Cenk was trying to expose lowenstein.
It’s interesting that this guy hates Lowenstein for a biased report on Jamie Dimon. So, instead of trying to one up Lowenstein in responsible journalism, he commits the same sin of biased reporting. I guess he thought he was different since he disagreed with Lowenstein. If Lowenstein wrote a column that portrayed Dimon as a crook and villain, the guy in the video would praise Lowenstein. Since it was the opposite he hates him. But I guess people hate others for values that they also possess.
Lowenstien and Dimon both thumbs-downed this vid.
Lowenstien and Dimon both thumbs-downed this vid/
@GhostInTheShell29
its obvious thats not what their risk assessment model said – its all done by computer and not human judgment.
@MySockPuppeteer If they would’ve been fair, they would’ve gotten paid back, by making the bills impossible to afford. It became their loss as well.
@GhostInTheShell29
its obvious they don’t want to deal with you or your family either.
@bobino2468
because you are a moron and your fellow students aren’t. you weren’t born in the wrong generation, you were just born wrong – and shouldn’t have been born in the first place.
@bobino2468 They are. Its called Crash JP Morgan – Buy Silver!!!! Lead By Max Keiser.
I got halfway through reading that article then threw up in my mouth.
“His buttocks quivered with anticipation as I nestled my nose betwixt those heavenly buns of glistening steel. ‘Mmm, poofume No.5,’ said a proud Dimon, as he guffed his heavenly scent up my expectant blow holes. I simply hadn’t the heart to tell him that he’d followed through.”
ROGER LOWENSTEIN, NYT