Jamie Dimon, chief executive officer of JPMorgan Chase & Co., said the U.S. can rescue its banking system by year-end if U.S. officials start cooperating and refrain from the “vilification” of corporate America.
“If we act like a dysfunctional family and we don’t finish these things and we’re forever debating them, I think this will go on for several years,” Dimon, 52, said at a conference hosted by the U.S. Chamber of Commerce in Washington. “It’s completely up to us at this point.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHUqx9Ee83vE&refer=homeWhen has a family member said to the rest of your family "If I'm goin' down, then I'm takin' the rest of you with me!!!!!"?
Remember when corporate America said that they were "too big to fail"?
See.
When has a family member purposefully and repeatedly hid things from you?
Remember that corporate America has a fleet of offshore tax shelters in the Cayman Islands?
See.
When has a family member purposefully and repeatedly lied straight to your face without even blinking or feeling bad about it?
Remember when Big Oil stood in front of Congress and told them that they were not involved with Cheney's energy task force, only for the Washington Post to reveal after they testified that they indeed were part of the task force?
See.
We're not a dysfunctional family, the only dysfunction is coming from corporate America.
When you have a bad boyfriend/girlfriend, you dump them.
When you have a bad spouse, you divorce them.
When you have bad parents, you get an emancipation from them.
It sounds like it's time for a new chapter in American history, one that is free from corporations that are too big to fail and free from "big" anything.