Demon Dimon wants forgiveness
Via ZH:
Demon Dimon is trying to sound humble, hoping America can forgive Wall Street for KILLING US in 2008 and every year thereafter.
Tell you what, Demon Dimon. I'll consider it AFTER you repay the $35,000 you STOLE from me. That's the 3% compound interest I would have received on my savings account in those ten years if you hadn't STOLEN the interest.
I understand that JPMorgan wasn't the only thief. Bush and Obama and Bernanke were the main thieves, but JPMorgan was part of the gang.
JPMorgan itself has a smaller direct debt to me, which would be impossible to figure. JPMorgan was LBO'ing my publisher for the last five years, which caused the publisher to abandon several subject areas that weren't quite profitable enough. If the publisher hadn't stopped selling those books, I might have received a few thousand more in royalties. Since this is sort of hypothetical and opportunity-cost-ish, I'll settle for the definite $35k interest on savings.
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Later remembrance: In fact there was a much more specific JPMorgan debt, complete with a WRITTEN IOU. They arbitrarily CONFISCATED about a thousand dollars from one of my annual royalty checks as part of the LBO bankruptcy. They never paid it back.
Labels: Natural law = Soviet law