I think most of our politicians in DC and reporters live in a bubble where they have no clue what the rest of the world outside of it is like. But I swear, folks that work on Wall Street live inside of a bubble inside of a bubble.
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 dude, you got a $17 million dollar bonus last year, not to mention billions from the tax payers to bail your sorry ass out. 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, super rich aristocrats behave like a bunch of assh0les and decided to put an end to it.