Examples of Globalization Jamie Dimon Screwed the American people and all the Thanks He Gets is Throat Cancer Jamie Dimon screwed the American people in the financial crisis, and all the thanks he gets is throat cancer. The J.P. Morgan CEO bragged that his bank actually benefits from downturns. Makes you wonder if there is a cancer of the heart. If there is, he would certainly be deserving of that. The pain of the financial crisis should leave a mark on the American people and their children. They should not forget what the banks did. The formula for pricing risk of mortgages defaulting at the same time was wrong. It was thought up by a J.P. Morgan employee before Dimon got to the bank. Thinking there is no risk of toxic and cancerous loans being at risk of all going bad at the same time created the biggest housing bubble in the history of mankind.