TYT: Billionaire Banker Says Life Is Too Hard

[WhoIsNumberNone]

JPMorgan Chase earned $4.9 billion in the fourth quarter of 2014, the company announced on Wednesday, down from a year ago, but capping what CEO Jamie Dimon called a record year for the biggest U.S. bank by assets.

Despite this success, Dimon warned that "banks are under assault," from government regulators.

"In the old days," Dimon said, "you dealt with one regulator when you had an issue, maybe two. “Now it’s five or six. It makes it very difficult and very complicated."* The Young Turks host Cenk Uygur breaks it down.

[onecaliberal]

1. If there is any karma in this world Dimon will

Know what actual difficulty in life is a about. What a PoS

[Moostache]

7. I don't want him to have "difficulty"...

I want him to experience heart rending loss and soul crushing pain before the end draws in on his black pit of a soul.

Something painful, incurable and lingering.
Nothing quick, nothing that can be placated with medicine or healed either.

Chronic Ebola? IF that were possible would be a good start for him and all his other 21st century robber barons on Wall Street.

[onecaliberal]

8. I agree 100%

I really like how you think.

[undergroundpanther]

2. Hard is life for the poor

The disabled and homeless. Until I see his pampered ass sitting for hours in an social security office in those awful chairs or under a tarp in the woods......... Than he'll have it hard.


What a waste of skin. And Money. Gutless worthless criminal ass cramp.

[JDPriestly]

3. Poor Jamie Dimon!

Tonight in Los Angeles, on Wilshire Boulevard right across the street from the Tar Pits park, a half a block from the Los Angeles County Museum of Art around 9:15-9:30, I saw three homeless people. A black man was standing in the doorway of an office building. A woman had curled up in blankets sleeping on a park bench. And another man was preparing to settle down for the night with his shopping cart and his sleeping roll.

Wilshire Boulevard is a major street in LA. The neighborhood I am talking about isn't all that bad. It's fairly near Hancock Park which is by my standards a fairly up-scale neighborhood with beautiful home -- not Beverly Hills, but by no means poor. Three homeless people not hiding their extreme poverty, their misery.

And Jamie Dimon has the nerve to complain about regulators. His bank cheats, manipulates and takes what isn't theirs, and he, with his charm, his sophistication and his money to throw away, fixes it.

Why doesn't he take some of his billions and do something good for a change? Why doesn't he build housing for homeless people, nice housing, one-bedroom with a kitchenette and a bathroom and just GIVE homeless people homes.

If he ran his business honestly, he could save money on fines and even if he made a little less profit, he could do a lot of good in the world -- like helping homeless people.

Jamie Dimon needs to get out in the world, look around. Maybe he should go out and sleep on the streets a couple of nights just to know what it is like. Shame on him for complaining. If he regulated his business for himself, he would not have to deal with so many government regulators.

[Thav]

4. In the old days, Mr. Dimon

A single bank didn't control a significant amount of the world economy. Now you have many divisions dealing with very complex products. It makes regulators' jobs very difficult and very complicated.

Only five or six regulators? I think that number is woefully too low.

[phantom power]

5. Tragic, how you must cope with complexity for your billions of dollars

[Plucketeer]

6. If there were a god

he'd send his son again - or better yet, show up himself - to kick jerks like Dimon to the curb. But while billions opt for a dirt nap while waiting for their redemption, we let malicious ass holes like Dimon prey upon us and whine about the effort involved. The soil, Mr. Dimon, is the ultimate equalizer. May the parcel you become ingredient to, eventually be rendered a dog park. There, there'll be fitting grave markers deposited each and every day.