Every time I write an article detailing how Jamie Dimon is no different than the other gang banksters who screwed our country over, I get some bankster defenders popping up and so I write more diaries. This will probably be my last diary on Golden-Boy All American Good Guy Jamie Dimon. I've tapped that well as dry as I can while there are others who have escaped the scrutiny they so well deserve. Like Inside Trader John Mack, CEO at Morgan Stanley.
Jamie is no better than Angelo Mozilo or Joseph Cassano or Richard Fuld. Like the title says, Jamie conveniently heard the sirens first, so he got out of the subprime market in time to preserve enough capital to pick up his long coveted targets WaMu and Bear Stearns for a song and billions in taxpayer assistance.
There is nothing to differentiate Jamie Dimon from any other bad actor in the mortgage mess, except for his early departure from the scene of the crime. He is just as heinous, just as culpable and just as devoid of conscience.
Wall Street is holding him up as an icon and a "good guy". I'm calling them on that crap. Whatever service he provided to his employees and investors came at a cost of hundreds of billions to the rest of the country. All you Wall Street sycophants, spinners, and defenders can have your king. You'll just have to forgive me for pointing out the bodies he piled up and climbed over to get there.