- Description
A continued conversation with Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. Charlie on CNBC discussing his interview with Jamie Dimon
- Keywords:
- Aspen
- global
- economy
- bear sterns
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mr.d 10/17/2008 01:10 PM Report
As usual charlie didnt ask one question in regards to the companies he has run and their lending practices. I hope he has to answer them soon under oath. dought it will happen.
mr.d 10/17/2008 01:10 PM Report
As usual charlie didnt ask one question in regards to the companies he has run and their lending practices. I hope he has to answer them soon under oath. dought it will happen.
ab irato 07/23/2008 08:14 PM Report
WHAT IF: 1.-"Moral hazards" are real (Savings & Loan bailouts), 2.- Now Bear Stearns, Freddie, Fannie (Wachovia?) et al, 3.-national debt increases accordingly, 4.-international players evaluate the per capita debt of a declining economy, 5.-start avoiding our commercial and government "paper," 6.-demand higher interest to even consider it, 7.-inflation 'inflates,' 8.-unemployment becomes rampant, 9.-homelessness as well (bridges become coveted shelters), 10.-felonius assaults, robberies (convenient store heists etc) become de regueur? ..................................................................................................... .......... Isn't such an outcome likely - and caused by actions extolled in this interview? Caused by the very 'hands-off' laissez faire capitalists cum-socialists (when convenient!!), ..................................................................................................... ................................ And, alas, none of them (even Jamie) will go to jail. Retribution is confined solely to those who believe in hell. Enough in itself for an immediate epiphany!
Annoyed 07/20/2008 02:50 AM Report
Charlie--can you ever run an interview without interrupting your guests? They have some interesting and insightful things to say. Let them say it already!
Your manners are atrocious.
Charles Park 07/18/2008 07:26 AM Report
Re: Charlie's interruptions.
They don't bother me much. I think Charlie relishes having good conversations. Who wouldn't.
Interruptions are a necessary part of the dynamics of having a free flowing conversation.
One sure way of having an uninterrupted conversation is to have a completely scripted interview.
That sacrifices the ability to go into unexpected directions.
Doing so would take the life out of the conversation.
So stop complaining. Looks like this is about as good as it gets folks.
Keep up the good work Charlie.
Nice to hear a Wall Street CEO talk decent and smart at the same time, like Warren Buffet and Bill Gates.
You can be pro-business, pro-capitalist without abandoning the rest of humanity.
Peter MacAllister 07/15/2008 11:20 PM Report
Who is the genius who set up the web page? I have tried to order "A continued conversation with Jamie Dimon". No can do! Is there a help page or is there a pho0ne number ... no that would be too easy!
Could some "Brain" there help me out. Very frustrating ...
ab irato 07/14/2008 06:31 PM Report
Grab some caffeine. The Rip Van Winkle Federal Reserve is belatedly and slowly waking up. They've come up with a NOVEL idea. Responsible capitalism. Well not all at once. They've mercifully put off shocking the financial wise-guys until October 2009. Unless the barn is totally emptied by then. Just think of it. WISE-GUYS PROTECTED FROM WISE-GUYS. -------------------------------------------------------------- However, you know they'll never refrain from continued taxation of our progeny - even under the new rules. The self-made wise-guys will continue buying our government and will make sure any regulations deemed too responsible for them will be altered at whatever the going rate/word is at the time. -----------------------------------------------------Mandatory jail-terms for each dollar of exploited capital skimmed from human frailty would put some appropriate teeth where the bite needs to be. Slammer - not chutes. --------------------------------------------------------------- Only one bank today. How many tomorrow. The wise-guys can do better.
jvb 07/13/2008 10:41 PM Report
Wow, what a gem this guy is... I just joined JPMorgan in the takeover of Bear Stearns. Can't say I am exactly eager to drink the kool-aid. However, after watching this interview, I am proud to see this organization is run by such as smart, good guy.
Cyndi 07/12/2008 12:30 AM Report
Long before Charlie asked Jamie if he would ever consider going to Washington, I was thinking to myself: We need this guy to run for president.
He has my vote!
Rob P 07/11/2008 05:25 PM Report
I would agree with most of the things Jamie Dimon says about corporate management and our current economic standing. I think he too easily dismissed moral hazard as a reason for many of the problems the financial industry is facing now. As a former Bank One employee, I have seen first hand the pressure from above to produce. Sales of mortgages, home equity loans, and financial products were pushed as hard as everyone else in the industry. Their regulation for suitability was as lax as everyone else in the industry. Leaders of the company must share in some of the fault of the brokers who too agressively pushed these things. Their One Group funds also had problems in pre-trading to hedge funds. These things are symptomatic of a system (not just JPM/Chase) that gives incentivizes to bad behavior.
ab irato 07/11/2008 12:57 PM Report
This topic needs to stay on top as its demise has been overcome by events. Freddie and Sally are trying to capitulate along with Bear Stearns. Making a mockery of bail-em-out to the last tax payers dollar. The financial wise-guys have tipped us into a banana republic status. We just don't know it yet. Our worthless commercial papering of the world is declining in value which will help increase inflation to ?? 1000%+/day?. -------------------------------I suggest for openers an immediate incarceration of all officers of all major national financial institutions. GITMOIZE EM! They're all guilty of treasonous greed. Literally have sacked our country as effeciently as a raiding hoard right out of Ghengis Kahn. From their golden chutes to water boards - so they can share the abject misery they are causing and will continue to cause well into the future. ----------------------------------- No country - even the once mighty USA - can withstand the combined abuse of Bush's Iraq war and the financial wise-guys egregious subprime greed. All under-pinned by the venal whores of Congress and their K-street pimps. -----------------------------------------------Hell, given all that a different outcome would be too surreal to be within the planetary system. The only thing we'll have left soon will be our cherished arrogance. All this under a REPUBLICAN WATCH! Thank god, cause Jamie says the Democrats are crazy. Whew! How scary is that? What a relief!
Allan Ramesh 07/11/2008 12:20 PM Report
His views on energy make a lot of sense but why is no listening? The US congress has yet to extend the investment tax credits beyond 2008 for renewable energy. As a result, my renewable energy projects will grind to a halt this summer. The Republicans in Congress are holding the tax credits hostage and hurting the nation. If the CEO of JP Morgan can't make a difference, what hope do we have?
Kathy Higgins 07/11/2008 12:01 PM Report
Loved listening to Jamie Dimom respond to your always insightful questions. What a delight.
You consistently have the single best show on TV. It should be required watching/listening.
How wonderful that guests can talk and give answers to complex questions without being forced by the interviewer, "Well, is that a YES or NO". So few topics and issues are that simple, but Americans have been taught that sound bites are all they need to hear or understand. Complex issues require complex solutions. That is why we have none in this country any more. We just put everything off to the next administration or generation. Thank you so very much for allowing us to hear and see such a wide range of interesting people. (PS I remember you from back in your Ft. Worth days.)
robert nagle 07/11/2008 12:01 PM Report
If I understand it, Jamie holds the accountants resposible for transferring retirement obligations onto the backs of the little guys.Rubbish. All of Chase senior magmt went along with the change as did most of Fortune 500. It was a win, win for the stockholders and top management at the expense of the workers. Time wil prove me right.
Chase Employee 07/11/2008 08:38 AM Report
Very proud to have Jamie Dimon as our CEO - He has brought a much needed sense of accountability to a company and an industry that was in danger of spiraling out of control. Go Jamie!
Brian Gladish 07/11/2008 06:24 AM Report
Dimon seems to know that Henry Ford didn't have options, and the country got built anyway. Too bad he doesn't seem to know that it got built without an energy policy, without a healthcare policy, without an environmental policy and without a Federal Reserve. Central planning is a discredited approach - give it up!
ab irato 07/10/2008 05:02 PM Report
Today's news seems to mock Dimon and Fed type bailouts as the Maes - Freddie/Fannie? - seem to want OUR money along with Bear-Stearns. Lehman next? Citigroup? (I fervently hope! The world would be a better place.) These wise-guys would be sans solutions without the regressive tax code to fund the Fed bailouts of the children running our system - right into the financial toilet of the world. Too clever by fractions. GITMO would be a considered deterrant. Reverse Robinhood capitalism is a bit tiresome - and ultimately as disastrous as treason. Our economy (was) our strenghth. Without its former robustness we're proportionately diminished. But the wise-guys will nonetheless be rewarded with golden parachutes - instead of waterboarding as duly earned.
TABS 07/10/2008 03:45 PM Report
PART NINE.....JP Morgan to the Rescue....This ain't the first time ole JP has riden to the rescue of the US financial system...remember it was back in 07...that is 1907 that ole JP Morgan hiself along with a bunch of his buds averted a financail panic that would have brought ruin to the US economy. They came together bought stocks, secured international lines of credit and moved money between banks. Soon after things calmed down and returned to normal. The result was that the US realized that it couldn't always count on JP and his buds to ride to the rescue everytime, so the Federal Reserve was set up to serve that function.
ab irato 07/10/2008 12:20 PM Report
God has apparently revealed to Jamie (on an Aspen mountain top?) that he created HUMAN-FRAILTY for the sole exploitation by he and fellow Republicans. After all he and they are among the Chosen. Ask him - or the Fed Res.
Dave 07/10/2008 09:24 AM Report
$1,537,965.29. Why do you ask?
jason 07/10/2008 02:28 AM Report
Dave... How much did you give?
ab irato 07/10/2008 12:19 AM Report
Here, here, Jamie Walton.
Dave 07/10/2008 12:07 AM Report
Ya, didn't Dimon say the night before that JP Morgan Chase gives $100 million to charity? Wow, that's well under 1% of JP Morgan's net profits last year. Don't rush to break the bank with your company's philanthropic endeavors Jamie.
Dave 07/10/2008 12:04 AM Report
Ya, didn't Dimon say last night that JP Morgan/Chase gives $100 million to charity? Wow, that's well under 1% of their net profits for last year. Don't rush to break the bank with your company's philanthropic endeavors Jamie.
Thomas 07/09/2008 11:56 PM Report
WTF? Dimon was just about to discuss whether he'd a public service job in the future. Are you nuts Charlie? How could you interrupt him there?
Jamie Walton 07/09/2008 11:46 PM Report
Having watched the interviews with Jamie Dimon and read the subsequent comments, it is plainly obvious to me that the good people of the USA will continue to be hoodwinked and ripped-off until they understand how the current monetary, banking and financial systems actually operate. The evidence of history and experience shows that these systems are set up in a very deceptive way to take most of the real wealth and power that comes from all of nature and humanity, and give it to a very few who are in the know. If Charlie Rose really wants to be able to ask searching questions to the people of influence he interviews on his show, then, on behalf of his viewers, he should invite Stephen Zarlenga from the American Monetary Institute onto his show to explain how fundamentally corrupt the current monetary system really is, how this corruption underlies the banking and financial systems, and most importantly, what can be done to fix it.
ab irato 07/09/2008 11:07 PM Report
Tee hee! If Dimon thinks Dems are crazy after the wise-guy Republicans trashed our economy with their too-clever-by-fractions subprime non-regulated peurile egregious greed, then his values of stability are suspect as hell. Which was aptly demonstrated in the (in)famous B-S bailout (BS has a certain ironic ring to it, eh?). The financial dominos are still teetering, which the wise-guys promissed would be averted with OUR bailout of the B-S den of thieves. The wise-guys need regulation to save themselves (and us) from themselves --- and also from the likes of the sane and stable Mr. Dimon. The master manipulator. APPLAUSE! APPLAUSE! (For those who missed the cue.)
Roy Fassel 07/09/2008 09:53 PM Report
From his comments about the Democrats during the second installment of his interview it is very clear that he thinks most of the Democrats are "CRAZY."………………THEY ARE! Anyone with a lick of common sense thinks that....including probably 70-80% of the Democrats who voted for Senator Clinton during the primaries. Bubba also agrees with Dimon!
vishwas 07/09/2008 07:35 PM Report
Completely agree with the people who mention Charlie's continued interruptions. In fact in the first part, Dimon, with a annoyed look bulldozed one such interjection by saying "Let me finish...". I think Charlie does better in his set than in front of an audience, where he is perhaps obliged to contribute his wisdom.
frustrated 07/09/2008 06:34 PM Report
I agree completely with the last guy who posted...for God's sake Charlie, how many people need to post their frustration with your interruptions all over your site for you to get it? perfect example: at the end of the interview when you asked him about the possibility of public service, Dimon started by saying "I mean I would do something-" before you felt the need to hear yourself cut him off with a cute little aphorism about the need for financial CEO's to simply survive these days. You denied us a little nugget about Dimon's interest in public service. The conversational nature of your program, along with your unmatched preparation and curiosity, is what makes your program like no other--but you really need to let people finish their trains of thought...it really gets irritating
TABS 07/09/2008 04:02 PM Report
PART EIGHT....The Reckoning.... When is Mr Dimon going to put up a "I Love John McCain" sign on his front lawn? When is he going to contribute to the John McCain Victory Fund? From his comments about the Democrats during the second installment of his interview it is very clear that he thinks most of the Democrats are "CRAZY."
TABS 07/09/2008 04:45 AM Report
PART SEVEN...TABS the Fakir......Private psychic consultations available. Crystal Ball Gazing,Fortune Telling, Numerology, Palmistry, Astronomy, Head Bump Reading (Phrenology)and other assorted Mumbo Jumbo....In this business it is always better to say something BEFORE it happens than after........
A comment from Part 1 of Jamie Dimons interview on 7/7/08..................................
Comment by TABS on Tuesday, Jul 8 at 05:28 AM.............
PART FOUR...The Crystal Ball...Something says that Jamie Dimons meeting with the Democrat leadership didn't go so well and that he is worried that they didn't get his meaning. The message that corporations are not evil doers just making money, but also provide service to people and community. If Mr Dimon wasn't worried that the Dems got his meaning, then why would he have to telegraph it via the Charlie Rose interview hour? Maybe Mr Dimon is worried because all he got was a blank stare from the Dems while they nodded their heads up and down muttering under their breath, "Must remove profit motive with more taxes."
David Sloyer 07/09/2008 04:04 AM Report
Geez, I often find myself wishing Charlie would just let the man talk -- without interruption, and without re-directing the discussion. A good question is posed, then, before the answer has flowered, the response is terminated.
The brief talk with Jamie Dimon was refreshing, and at least potentially inspiring, but hindered by Charlie's need to inject himself into the response.
Great television, BTW.