James Rickards on CNBC: “Jamie Dimon Should Go.” [MaxKeiser]
July 15, 2012 Leave a comment
The guy defending Dimon’s crimes uses the Johnson & Johnson Tylenol recall of 1982 as a model of corporate emergency and response; that Dimon somehow emulated in a positive way in his handling of the balance sheet crimes his company committed. This is nonsense. Tylenol was an attack from outside (the drugs were tampered with). JP Morgan is tampering with itself; for the purpose of defrauding and profiting. Dimon’s crimes have increased systemic risk to the banking industry and Dimon has now become the poster child for crony corruption and financial terrorism in America.