Jamie Dimon, JPMorgan Chase CEO, feels he's a victim of "capricious, arbitrary & punitive behavior"

[Amerigo Vespucci]

http://www.salon.com/technology/how_the_world_works/2010/02/26/jamie_dimon_pout

A pout from Jamie Dimon
The JPMorgan CEO complains that Washington is acting erratically
By Andrew Leonard

Jamie Dimon, CEO of JPMorgan Chase, is upset at Washington. Dealbook reports:

"F.D.I.C. is going to cost us a lot of money. TARP cost us a lot of money. This bank tax, my first reaction was, 'That will cost us a lot of money,'" Mr. Dimon said Thursday at the bank's annual Investor Day conference in New York. "I think we are getting into the capricious, arbitrary and punitive behavior."

Is Mr. Dimon just whining like your typical entitled Wall Street fat cat utterly divorced from how the nation feels about what his industry did to the rest of us? Or is there something more serious going on? Dimon's language could be considered excessively legalistic. "Arbitrary and capricious" is a legal term of art, used to describe behavior, typically by a judge, that is so unreasonable that a higher court can overturn it.

Is Dimon making some kind of threat? Proposing to challenge in court future financial regulation, should he consider it too "punitive?" What's his problem, anyway? Every indication we've seen so far is that nothing is likely to come out of the Senate that hasn't already been pre-approved by the banking lobby.

[boobooday]

1. Really? Welcome to our world, punk.

Note to regulators: Don't stop until you make him cry.

:nopity: :nopity: :nopity:

[tabatha]

2. Really, then how could you pay those bonuses?

The bankers have cost the citizens far more money, even their livelihoods.

Cry me a river.

[L0oniX]

3. Hey Mr. Dimon ...FUCK OFF ASSHOLE! You're lucky we aren't burning your fucking house down....

YET!

[Subdivisions]

4. He should be hung by is nutsack in the village square. But, alas, he

and his ilk will get away with extorting our nation and he will be allowed to continue to do so.

[Hubert Flottz]

5. Jamie DimOne is pissing his pants because he fears for his nest

egg. He don't give a fuck about the countless Americans who have worked all their lives and have been systematically and ruthlessly cheated out of their nest eggs by the likes of him. I think the country owes guys like that a rope. I'll bet his poor children are starving to death as I type. His mother is probably dying because she can't afford her meds. He probably needs some cash to bail his sister out of the Watergate Hotel.

LEAVE JAMIE DIM-ONE ALONE!11!!1!!!!!!!11 LEAVE HIM ALONE!11!11!!111