Charlie Rose

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Petros  12/21/2010 10:42 AM Report

Equity Committee closing arguments, see slide 20, does this sound like a bankrupt company?

http://www.mediafire.com/?iz7w38pfi8m5119

Plain and simple, Dimon and Tepper want to maximize the estate for themselves and leave American families who for years invested in WAMU out in the cold, does Dimon sound like an American patriot to you Duff? Please he's a crony and if people in our society today can't see this we are truly lost.

Petros  09/13/2010 11:52 PM Report

In detail why Jamie Dimon is corrupt, review from page 10...

http://www.kccllc.net/documents/0812229/0812229100907000000000002.pdf

edmundsingleton  07/20/2010 01:27 PM Report

Thank you for including Duff McDonald's use of the phrase 'you know' in the transcript, most do not...

Petros  03/06/2010 08:27 AM Report

Thanks for the support doodah, but the Equity Committee has already been approved by the Judge presiding over the case and in fact the EC is negotiating settlement terms with the Debtor's and JPM and other parties involved in the case.

My hat's off to these people and as far as I'm concerned they are the real patriots.

KL

doodahdaze  03/06/2010 07:41 AM Report

I'll sign that petition.

Petros  03/05/2010 01:07 PM Report

Dear Mr. Rose,

May I make a serious suggestion regarding a possible program segment on your show. The Equity Committee members are avearge everyday working Americans, they've been nominated by the US Trustee in the current on going Washington Mutual bankruptcy case and serve to uphold shareholder rights and equity value.

I respectfully request you invite them onto your program to convey to you and your audience the amazing capacity of these individuals to overcome the adversity thrust upon them by the seizure of Washington Mutual bank. It will provide perhaps the most honest and real sense of what people have experienced during this financial crisis.

Feel free to contact me via email for further details.

Respectfully,

KL

doodahdaze  03/05/2010 06:23 AM Report

But he 'creates' jobs; for people who like to 'be around' money.?. money money money money... money, "other people's money", how charming. They like to count it, they like to throw it in the air, they like to roll around in it and laugh hysterically, they like to soil it, and use it to lose it; THEY LIKE TO PLAY GAMES WITH IT (ew! I've got a great idea! why don't we...). Because FOR THEM, and only FOR THEM (the quasi capitalist SOCIALIST ELITE) money grows on trees. Because the masses have to work to make enough money to live, and they are too busy to figure out that 'deregulation' (for the financial industry) is really is a SOCIALIST ELITIST AGENDA (Because the elite benefit on the way up (as the bubble gains air (and the worker bees chant, ARR! Conservative republicans ARR!) and then, they benefit when the bubble 'has a crisis'. They benefit from the fall out, EVEN MORE SO. No risk for the SOCIALISTS ELITE.

"you want your money?". No problem, pull out a stick and tie the carrot on the end. "Now do I feel like filet-mignon or lobster tonight?"

Is this how Larry Summers planned it out to work?

Petros  03/04/2010 08:13 PM Report

Listen for yourself ...

http://www.viewip.net/WMI/Hearing/2010-01-28/20100128_05.mp3

Greg Cross represents the Equity Committee of WAMU shareholders, he's the one speaking...

Minute 1:35; The US government mishandled the crisis, and banks caused the problems to begin with. The 'largest financial institution' he mentions is JPMorgan.

Minute 2:07; 9 binders of letters from shareholders, 3500 letters were written to the US Trustee assigned to the wamu bankruptcy case.

Let me be clear, 3500 letters saying Dimon is a crook is pretty compelling if you ask me AND the US Trustee realizes full well the illegalities surrounding this case hence the reason why he pushed to have this equity committee formed.

The real reason Dimon won't take the Treasury Secretary position is this chpt 11 case, his reputation is damaged beyond belief, I haven't even mentioned 'Project West'!

doodahdaze  03/04/2010 06:59 PM Report

Petros,

So are you saying, a pile of shit, with an olive and a bit of feta on top, is NOT a Greek salad; but, is in fact, this 'Dimon' beast?.

Petros  03/04/2010 06:32 PM Report

One more thing to Duff, you lie.

Petros  03/04/2010 06:30 PM Report

robd, I completely agree with you on the points you made, I'll go one step further ... in short Dimon is nothing more than a replica of Madoff, and he's done well fooling the masses, Hitler did a good job doing this as well afterall.

Page 443 onward is a must read, I urge anyone reading this thread to take a gander, starts off with ...

"JP Morgan takes the valuable assests of Washington Mutual and destroys the property rights of shareholders and contract rights of debt holders"

http://www.kccllc.net/documents/0812229/0812229091214000000000008.pdf

Question, are these the actions of a patriotic American? I should say not. Dimon belongs in jail right next to Madoff for the destruction of families and lives caused by his criminal activity associated with the theft of Washington Mutual. He lied to Congress, he lied to the American people and he's lying to his shareholders. Paul Krugman is spot on, we're doomed.

robdverity  03/04/2010 06:44 AM Report

I'll read the book - begrudgingly. His association with Citigroup (Sandy Weill, Rubin?) and the whole industry taints him indelibly. They're all too-clever-by-half, and I resent cutting ANY of them any slack. Just because he may have been lucky doesn't deify him. Sycophants to the big buck guys contributed to our glorification of money to begin with. Bet he owns a yacht - which ipso facto condemns him and his values. Class warfare is fair as they started it. The masses need to answer. Screw em all but six. Another Harvard elitist a la Summers. Amassing money validates our entitlement. God wants to have it. Ask him.

bajawriter  03/03/2010 08:44 PM Report

Looking fwd to reading the book. Just goes to show you there are some good guys in banking, journalism & the Democratic party.

doodahdaze  03/03/2010 02:26 PM Report

Now I get it. 9:30 mins. into the conversation. It's a wall street guy writing about a wall street guy. It's a gay, kissy-kissy damage control P.R. stunt; probably being funded by the money-changer lobbyists.

doodahdaze  03/03/2010 02:16 PM Report

What was his relationship with AIG?

Not that it matters. Just asking

doodahdaze  03/03/2010 02:07 PM Report

It seems like a "systemic regulator" would be TOO EASY to bribe and corrupt (like the 'old' rating agencies) (and always current Congress). What the hell is the Federal Reserve and Treasury anyway?!.

I don't trust these wall streeters, there's something nauseating about EVEN the 'virtuous' ones.

I would prefer a Paul Volcker, Treasury Secretary.