Republicans fawn over mega-bank CEO Jamie Dimon

Discussion in 'Politics' started by Political Junky, Jun 13, 2012.

  1. Political Junky
    Offline

    Political Junky Gold Member

    Joined:
    May 27, 2009
    Messages:
    19,542
    Thanks Received:
    2,948
    Trophy Points:
    260
    Ratings:
    +5,534
    Republicans fawn over mega-bank CEO Jamie Dimon, ask him to help write banking regulations - Lean Forward

    Republicans on Capitol Hill had nothing but praise Wednesday for JPMorgan CEO Jamie Dimon—and even went so far as to ask him to be involved in future banking regulation.

    Dimon was testifying at a Senate Banking Committee hearing today, over JPMorgan's more than $2 billion in losses after it made a series of risky trades.

    Sen. Bob Corker (R-TN) told Dimon he is "obviously renowned, rightly so I think, as being one of the best CEOs in the country for financials institutions."

    Corker added that the $2 billion loss was no big deal. "You missed this, it's a blip on the radar screen," he said.

    "We can hardly sit in judgment of you for losing $2 billion," Sen. Jim DeMint (R-SC) offered. "We lose twice that everyday here in Washington."

    But the Republicans went beyond simple praise. In fact, they virtually begged Dimon to get involved in drafting future banking regulation—as if Wall Street doesn't have enough clout in Washington already.

    "We're here quizzing you," Corker said. "If you were sitting on this side of the dais, what would you do to make our system safer than it is, and still meet the needs of a global economy like we have?"

    DeMint followed up and asked Dimon to come back next year to talk with them about the industry and "help us keep banking as a private enterprise."

    Sen. Bernie Sanders (I-VT), who appeared on The Ed Show with guest host Michael Eric Dyson, called it "quite incredible" that the Republicans were so deferential to Dimon.

    "To exalt, and to praise, and to honor the head of the largest financial institution when he comes to Capitol Hill is beyond my comprehension," Sanders said.
     
    • Thank You! Thank You! x 1
  2. buckeye45_73
    Offline

    buckeye45_73 Lakhota's my *****

    Joined:
    Jun 4, 2011
    Messages:
    16,854
    Thanks Received:
    1,737
    Trophy Points:
    280
    Ratings:
    +5,966
    OMG, Obama beats off the CEO of GE and they paid ZERO in taxes, dont remember libtards complaining about that one.
     
  3. blackhawk
    Offline

    blackhawk Gold Member

    Joined:
    Apr 2, 2012
    Messages:
    17,714
    Thanks Received:
    3,398
    Trophy Points:
    280
    Location:
    Deep in the heart of Texas.
    Ratings:
    +9,050
    I will give MSNBC the same amount of respect as a source as FOX gets from the left here.
     
  4. Political Junky
    Offline

    Political Junky Gold Member

    Joined:
    May 27, 2009
    Messages:
    19,542
    Thanks Received:
    2,948
    Trophy Points:
    260
    Ratings:
    +5,534
    Did you read the quotes and watch them on the video provided?
     
  5. buckeye45_73
    Offline

    buckeye45_73 Lakhota's my *****

    Joined:
    Jun 4, 2011
    Messages:
    16,854
    Thanks Received:
    1,737
    Trophy Points:
    280
    Ratings:
    +5,966
    I love when liberals try to tie republicans to the rich, but NEVER say anything about liberal rich folks. Stop, who cares about this.
     
  6. rdean
    Offline

    rdean rddean

    Joined:
    Aug 9, 2009
    Messages:
    60,043
    Thanks Received:
    6,880
    Trophy Points:
    1,840
    Location:
    chicago
    Ratings:
    +14,899
    Because MSNBC sued for the right to lie and they "alter" pictures of people they don't like.

    [​IMG]

    [​IMG]

    Or did they?
     
    • Thank You! Thank You! x 1
  7. Lakhota
    Offline

    Lakhota Diamond Member

    Joined:
    Jul 14, 2011
    Messages:
    47,699
    Thanks Received:
    4,705
    Trophy Points:
    1,855
    Location:
    Native America
    Ratings:
    +15,964
    I liked the CNN headline I saw: "Get a room"...
     
  8. rdean
    Offline

    rdean rddean

    Joined:
    Aug 9, 2009
    Messages:
    60,043
    Thanks Received:
    6,880
    Trophy Points:
    1,840
    Location:
    chicago
    Ratings:
    +14,899
    You better care. These are the guys who brought down the economy and bankrupted people's pensions and cost them their savings. Don'y you guys know anything? What do you think caused the recession? Damn, such ignorance pisses me off.
     
  9. blackhawk
    Offline

    blackhawk Gold Member

    Joined:
    Apr 2, 2012
    Messages:
    17,714
    Thanks Received:
    3,398
    Trophy Points:
    280
    Location:
    Deep in the heart of Texas.
    Ratings:
    +9,050
    I'm sure your aware video can be edited and quotes taken out context I'm not saying that is the case here but given that MSNBC is as partisan to left as the liberals here say FOX is to the right you can see why one would be skeptical.
     
  10. rdean
    Offline

    rdean rddean

    Joined:
    Aug 9, 2009
    Messages:
    60,043
    Thanks Received:
    6,880
    Trophy Points:
    1,840
    Location:
    chicago
    Ratings:
    +14,899

Share This Page