iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,415 Blog Posts

Jamie Dimon and the Treasury

Here is a clip of the CEO of JPM, Jamie Dimon, demonstrating to officials at the Treasury what he will do with TARP funds. Truly enlightening.

[youtube:http://www.youtube.com/watch?v=BnVqdF68yIQ&feature=related 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter

21 comments

  1. kidstock

    Zombie is gay

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  2. charlie

    Black magic

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  3. kidstock

    Pretty weak showing by the bears…is that all they can muster nowadays is a couple 100 points?

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  4. The Fly

    don’t look at dow. look at banks.

    bloody murder.

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  5. Tony

    Longs are getting fucked!

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  6. toptick114

    One of the Final acts before every Empire Fails/Crumbles, the Treasury is Looted/Raided.

    Here weez goes again!!

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  7. T MOE

    Break that 870 you mother fucker

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  8. Anton Cigur

    Fly,

    From the last thread, are you taking any FAZ off here?

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  9. Damon

    MOS massive breakdown from $36’s-29’s today!

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  10. Fuck you Bulls your Dead

    FXP climb aboard

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  11. Shorty

    Well this sucks. I called the selloff today right on… but I bought SKF instead of SRS. Only 15% instead of 25%. Banks are still fucked and will keep dropping now.

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  12. kidstock

    I’m taking profits in DUG and going back to sidelines. The carnage in banks is not that excessive IMO.

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  13. TraderCaddy

    JP Morgan to use the Tarp $$ to invest in Section 8 Housing?

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  14. Shorty

    Kid,

    You are correct. The sell-off in banks has just begun. This is the end of the bear market rally in my opinion. Banks led into the rally, and now lead it back down.

    BTW, a short in CHK is advisable.

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  15. mdawsz

    $25B on hookers and blow!?

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  16. The Fox

    Sweet Jesus…now we have people bitching about making “only 15% instead of 25%’ in a f**king DAY. Give me a break. Most of you are doomed and will be poor very soon.

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  17. mdawsz

    $25B for the office of mash potatoes!

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  18. Woodshedder

    test

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  19. TraderCaddy

    JPM to buy a malt liquor brewery?

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  20. Shorty

    Fox,

    Trading this market is not easy at all. When I get a winner, I want and need it to be as profitable as possible. I am upset that I am only up 15% because I need that kind of a win.

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  21. The Fox

    Shorty-

    I wish I was in SRS today too, but count your blessings my friend. Scoring 28% is HUGE. Look at it this way- my biggest position is SDS at “only” 4.3%. I’ll trade you?

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