Friday, July 14, 2017

Stop the corrupted madness Washington DC?

JPMorgan Chase CEO Jamie Dimon says stop wasting money.

Jamie Dimon blows up at DC's dysfunction, says he's tired of 'listening to the stupid s---'

  • JPMorgan Chase reported quarterly earnings Friday.
  • On the bank's earnings call, CEO Jamie Dimon answered a question about his view on Washington's impact on the economy.
  • The executive proceeded to go on a roughly four-minute rant.
JPMorgan Chase CEO Jamie Dimon expressed frustration at the U.S. federal government during the company's earnings conference call Friday.
"It's almost an embarrassment being an American citizen traveling around the world and listening to the stupid s--- we have to deal with in this country," Dimon said in response to an analyst question.
"Since the Great Recession, which is now 8 years old, we've been growing at 1.5 to 2 percent in spite of stupidity and political gridlock, because the American business sector is powerful and strong," he said. 'What I'm saying is that it would be much stronger growth if there were more intelligent decisions and less gridlock."

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