Maria Bartiromo is reporting Jamie Dimon might be selected as next Treasury Secretary of the United States, a very boolish thing for banks and America. Although many will deride this decision as allowing the fox watch over the hens, the truth of the matter is — we need the fucking banks to get the economy going again. Agreed?
That being said, who knows the industry better than Dimon, easily the best CEO in the sector for the past 30 years.
Hearing @jpmorgan ceo jamie Dimon will get treasury secy job. Big meeting tomorrow @MorningsMaria @FoxBusiness will discuss tmrw
— Maria Bartiromo (@MariaBartiromo) November 16, 2016
Shares of JPM sold off 2.5% for the day — but that’s because shareholders are selfish bastards — not wanting their CEO to depart to Washington in order to save America. Dimon is a long term democrat — but he did lay waste of Hillary Clinton’s ‘class warfare’ rhetoric, so he’s a bit more independent than some of you fuckers think.
A Jamie Dimon appointment is bullish for America.
UPDATE:
If you enjoy the content at iBankCoin, please follow us on Twitterdown to jamie Dimon & Steve Mnuchin. will be decided tmrw for Friday announcement…they've now shut down info @MorningsMaria @FoxBusiness
— Maria Bartiromo (@MariaBartiromo) November 16, 2016
So much for #draintheswamp
Draining the swamp and having experts run the world’s largest economy are two different things.
For me it is reminiscent of Tiny Timmy’s appointment by Obama to Treasury in 2008. He was an expert too… expert in making the 1% even richer.
When you get your tax cut next year, Galt, put your money where your mouth is and give your refund to charity. I bet you won’t you hypocrite.
I am already paying for those who don’t pay taxes, like the top 1% or the bottom 20%. What incentive would Dimon have to make the many better off rather than the few, if I may ask. I voted for a change, not for the same bag of thiefs.
Ain’t impressed so far.
This is genius for Dimon, when you accept a government position, you have to cash out of your company stock- and you pay zero capital gains. Same thing Paulson did.
haha, there lies the rub.
@nate spot on about cashing out. also, great move for Trump. I mean, MSM and my peers keep saying he’s a “joke”…well this joke just got Wall Street’s best CEO to be the Treasury Secretary. If true, I can’t wait to see how this is spun in terms of dismay in his transition team.
Agreed. Ultimately, the cabinet does the bidding for Trump, not the other way around. Having Dimon coordinating the banking system from above would be the best case scenario.
The global nexus of power is shifting back to NYC from DC
Diamond is straight shooter. Trump likes straight shooters that are smart. If trump picks a goldman guy, the alt right will fucking lose it. Diamond has trust.
What difference does Goldman or JPM make to the alt-right?
For you dumb fucks who cant remember. Diamond was the only guy at a big bank who saw 2008 coming. And he took over jpm. Yah the smart guy, who shot staight.
What’s next? John McCain at DOD?
you should change your name. you are no john galt.
Yours suits you fine
Blue Horseshoe loves Dimon
Hard to make America great by blowing it into little tiny pieces all at once. Need to shoot holes into it and bleed out the scum over time. Then again everything the media says these days is complete horseshit. If Trump himself does not say it how can it be trusted?
Total and profoundly correct statement. Its that simple but they don’t get it.
You guys can’t possibly be real human beings.
learn baby learn. It just takes time.
lol
Pre-election I was told Trump would reinstate something like Glass-Steagall. Do we still think that’s the case?
Anyone want to wager on the following 4 years from now?
* GINI coefficient
* US Debt
* Deficit as % of GDP
* Averge annual growth in GDP
Trump will most likely spend as much or more than every President from Obama back to Washington combined, just like Obama spent more than every President from Washington up to Bush combined, and how Bush spent more than every President from Washington to Clinton combined.
Yes and you were saying, what? May you look like Soros young in age.
I heard that too. With Wall St in control of Treasury, the reinstatement of Glass-Steagall is a pipe dream.
Idiots! This is how you make MAGA!