posted May 11, 2012 02:36 PM            

On why this won't happen again: – “So, number one, we’re going to manage it to maximize the economic value for shareholders. What does that mean? It means that we’re not going to do something stupid.”

To Bank of America analyst Guy Moszkowski, who Dimon apparently met with this week – “I apologize. When you were here, I knew you were here and I didn’t have – obviously I couldn’t tell you about this and, of course, I feel terrible about that.” (Moszkowski said on the call it was okay.)

On press coverage of the London Whale before today – “I also think we acted a little too defensively to that.”

posted May 11, 2012 02:46 PM            

Sun Pisces 22.52
Moon Aries 3.51
Mercury Pisces 3.11
Venus Taurus 6.20
Mars Capricorn 8.56
Jupiter Leo 23.21 R
Saturn Sagittarius 2.48 R
Uranus Cancer 28.26 R
Neptune Libra 29.58 R
Pluto Leo 26.44 R
Asc node Sagittarius 11.48

Jamie sits in the building across the street from me. Literally.

He knew exactly what he was doing. He created the "hedging" strategy. He evn had the proprietary trader Macris do it out of London to skirt Dodd-Frank and the Volcker rule.

So did Ina Drew, his Chief Investment Officer. Yes, she's a 55 year old woman and she has been his right hand treasury chief for a long time.

posted May 11, 2012 03:38 PM            

-So to be clear, how many bad stories start this way?

Some of Macris’s bets are now so large that JPMorgan probably can’t unwind them without losing money or roiling financial markets, the former executives said, based on knowledge gleaned from people inside the bank and dealers at other firms.

-There 'tis!

"It’s a complete tempest in a teapot," Dimon said on a conference call with investors today after the bank announced first-quarter earnings. "Every bank has a major portfolio and in those portfolios you make investments that you think are wise."

-LOL

posted May 11, 2012 06:20 PM            

He told all of us that he told his daughter on her 18th birthday that he didn't love her mother, but here is a car I bought you, happy birthday..

He stopped me once and asked for my honest opinion on what he had done. I asked him how does he feel when he lays his head on the pillow? He answer was "Good!", so I told him, "There you go, buddy."

He was hard on us, him having such "High Standards" and all..

Pisces can go both ways and I am not talking about sex.. he used to brag about how he made one of his male employees literally cry for his job once.

posted May 11, 2012 06:32 PM            

But haha since it's mentioned, surprise surprise surprise, it's ruled by Jup, Neptune, and Mars.

Woah check it out. Dimon's Merc's @ 3 Pisces conj t.Neptune.
This lil guy is appropriate:

quote:

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Originally posted by Mblake81:
he used to brag about how he made one of his male employees literally cry for his job once.

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posted May 11, 2012 06:38 PM            

quote:

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Originally posted by Lonake:
Ewwww embezzlement's so effin dirty. My hometown is riddled with that, and it's in the form of the people who run the city, stealing from their own people

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From what was spoken by many, he was taking from people who were just starting in the business. Somehow taking a little bit here and there and giving excuses about those same employees not using the time clock system right. He was altering it in the computer himself, then after doing three times he would fire them for not being able to use it correctly(incompetence). He would also be able to somehow keep part of the last paycheck because of that. *bonkers*