Can They Ever Stop Whining?
Jamie Dimon, the chief executive of JPMorgan Chase, says he believes Washington has become increasingly erratic and unfair in its treatment of the banks over the last few months, and he now has some regrets about participating in the government’s Troubled Asset Relief Program.
“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.”
Oh boo fucking hoo. For the first time in my life I'm really beginning to understand why the French went so nuts with the Guillotine. They were just sick to death of having to watch spoiled aristocrats behave as if a bunch of hungry, armed, very pissed off peasants presented absolutely no threat to them whatsoever. At some point you want to kick their privileged asses just to shut them up.
Update: Oh sorry, I forgot that Jamie Dimon only got a 17 million dollar bonus this year. No wonder he's so upset. Never mind.