To introduce a his key concept of a "fortress balance sheet" and only explain it with the animation of a castle is not worthy of the Wall Street Journal. Those of us who used to read the paper version of the WSJ would love to see you put up a copy of their balance sheet from their annual report and highlight each item that is evidence of the fortress. We're not afraid of numbers or ratio analysis.
@@AnthonyClauser Yeah but OP is not the one who posted a video about JP Morgan. It's literally the job of the journalists & producers behind this video to explain stuff to the public. Seems they could have added another minute to give examples of what a fortress balance sheet is.
WSJ is a biased elitist fascist org that produces propaganda and on occasion investigative pieces so it can feint credibility. Like cnn, rest of corp media.
I was w/ BankOne in the early 2000s when JD came in to be CEO, w/ Charlie S as CFO, Austin A as CIO and a slew of other key lieutenants - shortly there after Chase and BankOne merged and the BankOne crew pretty much took over the combined institution… I spent 15 yrs working there, across multiple LOBs and around the globe… I recall working on a huge tech-op conversion in the payments area, as part of the B1-Chase integration effort - it was conversion weekend - Friday wherein we were operating a global systems upgrade that started at midnight GMT in London - it was 5am in Chicago, where our global command center was located in a huge 3rd lower-level basement conference room site wherein each line of business had its own “war room” attached to the main command center. I was the overall PGM for the Global Tech & Ops org… it was 5am CST…. These series of rooms off of the main hallway, have controlled access - I happened to be walking by one such door, on my way to a global check point call when I notice a person looking through the doorway and knocking - I look out and am certainly surprised to see JD, in a suit albeit w/ collar open and tie loosened - I open the door to allow entry and he shakes my hand, saying “I heard you folks are doing good things down here and I wanted to stop by to learn more - he proceeded to spend 90 minutes w/ us, both in our checkpoint call w/ the global team, as well w/ our small war-room team, asking questions about Ops sites, Tech environments, how the payment “supply chain”, including the Fed Resv, payment clearing houses, international payments clearing, etc work. I’ve worked for a few other super-huge global firms but have never had more respect for an executive that had sufficient curiosity about the businesses that he led, to actually (and w/out an entourage of underlings) invest his own time to learn and participate….
exactly. Jamie Dimon makes taller walls in the fortress balance sheet. That makes sense. Thats why He made sure epsteins money was safe, and was somehow able to survive the banking crisis in 2007 when all the other banks were failing. The federal reserve knew exactly what it was doing and planned the 2007 crash. Jamie Dimon saw it coming as well, and made sure it survived. This is public information. What is not public is did Jamie tell the fed to keep the rates low in order to grow the bubble, and then pop it so it could get some cheap banks?
@@davidanalyst671well I doubt the last part. Because the government urged him to take over Bear Sterns but still issued a fine on him for Bear Sterns inadequacy
the way he phrased his answer was definitely a double entendre 1. doesn't know how to "fail" or won't let the bank (JPMC) fail 2. jamie acknowledging the semantic satiation of the phrase.
Jamie is a gifted communicator who manages to communicate something complex so that the messages are easier to understand. He is an asset to the United States.
u don"t get off that Easly..................................... When it comes to corruption J.P. Morgan make Credit Suisse and Deutsche Bank, look like Altar👼 Boys
For 100 years the Bank that Rockefeller's bought has used their influence to make deals that have made the Family Bank into a formidable organization. David and Nelson were influential on several levels as Nelson worked the Partisan battles and David arranged the Corporate effects. The Castile they built in Saigon appeared to be some new center of an expanding Colony in Southeast Asia. Nelson was a Candidate for the Oval Office several times, and appeared to be among the group of Investors who choose the names that appear on a Ballot. Their influence is subtle and influential. They hired Hank Kissinger to assemble the document that appeared to be used to convince US Legislators and Presidents to commit US Troops to support the exploitation of Vietnam. The apparent failure of the US seemed to prevent Anaconda corp ( another Rockefeller Industry) from mining the Central Highlands, but their investments in Chemical Companies produced profits as Vietnam was covered in defoliants. The Chase Bank in Saigon, of 1969 is now joined by 4 other branch locations in that Nation that interpret profits for Chase as the Vietnam Oil sales to the US flow along with a small fee to insure that the purchase is a success. As the Family Members attempt to avoid the spotlight, Diamon seemed to emerge to replace David Rockefeller as the Guy with the Cash Drawer. The ability to convince the Nixon Administration to convert the US to the use of Fiat Dollars, seems to have helped drive the Chase to the top of the financial markets that decide "US Interests" as they have for over 100 years. But you all knew that............Right?
lol you basically took a short quote from an excerpt of the video on the financial crisis and used it to generalized the entire video. Where did that logic come from xD
@@RandomVideos-re9ux The Authorized Family Biography and a few decades of watching how economics works after I gave up on participating after 50 years. What generated your Critical interest? Am I disturbing the Force of Capitalism?
Investors cannot predict the future in negative markets since they always bring in a new set of enterprises to purchase and watch while laying the groundwork for a new successful ascent. Which stocks are the best to add to a watch list or buy right now? I've seen news stories of folks making up to $250k during the recession.
Especially during an inflationary period, investors should exercise caution when it comes to their exposure and new purchases. Only under the guidance of a qualified expert or reliable advisor are such large yields in this recession achievable. Mark Stuart Jordan is the financial advisor that helps me. He has a large following and is easily found online. He has an extensive understanding of the financial markets.
Jamie definitely runs a tight ship. He is rich enough to never have to work but continues to work. I think hes the only person in history to become a billionaire by working at a company as an employee
Almost as if he knew all the turbulence was coming, and was working with people at the federal reserve. This video says that politicians will work with Jamie 1 on 1, so why wont the federal reserve?
I don’t directly invest in JPM stocks but I do like to focus on ETFs that have stock into it since I can own a small piece of it. Dimon is like the godfather of the banking industry and eventually I’d like to buy some stock in it cause I feel like under his leadership he’s built JPM to be a giant in the industry and under his tutelage I’m sure even when he’s retired whenever that happens there’s plenty of execs that can take his place
This is one of the biggest "what ifs" in US business history. Another interesting one is that Jeff Bezos offered him a VP role at Amazon after he left Citi.
First National Bank of Epstein? Wonder why the government allowed them to break banking regulations and go over 10% of US deposits? 🤔 🤦♂️ 🤷♂️ Remember the CNBC correspondent involved with a millionaire, I think while she was married?
Don’t Upset the Balance of Power😮: 3:22 Reasons, Risks who do you think your talking To, this Man is the only Person that just said. “ You need to take the Time and listen to these people.” 😅 Something like 👍 That! How long have I been watching Jamie Diamond…….. YEARS Good Man, savvy if it was a Destination, I Know I’m Good ☺️
When you learn about his story from the beginning is pretty impressive and till now he's still looks like a humble guy for a person who can shake the world.
I don't usually listen to people talk , he's an individual where you know he's trying to be real while letting you know he's human. I actuality enjoy listening
What we actually want to hear from the Wall Street Journal is what exactly Jamie and the Federal reserve talk about, and how every bank in the world had MBS but Jamie avoided it, and Jamie somehow grew bigger by buying up banks the federal reserve crashed in 07,08, and now 2023. Jamie knows failing banks is good for business, so does he talk to the Fed about that? The federal reserve at this point in time is keeping interest rates high... did Jamie Dimon tell the federal reserve to keep rates high in order to crash more banks?
So you're implying the Feds knew before hand what a mess MBS would be and allowed multiple banks to fail, that it was glaringly obvious because somehow the feds knew but all the banks failed to see it, and that the Feds knowingly let the economy tank? Talk about illogical conspiracy theories.
I would like to hear Jamie Dimon, in detail, explain what scared him away from sub-prime mortgages, and why he thinks everyone else, except The Borg (Goldman), missed those cues.
The fact that Jamie Dimon has good relationships with regulators and works towards the interests of JPM and the Feds, puts JPM in a position for growth and lack of political will to break up the bank. like JPM is somewhat a private arm of the US government to bail out (acquire) failing banks.
Executive compensation is too high for an industry that basically sits and holds (certainly in proportion to doing actual work). That is the main sickness in banking.
JPMorgan Chase Vision (outline) Principle: Simplicity Principle: Unchanging Aim - most respected financial services firm in the world Serve: Corporations Serve: Individuals Company Imperative: healthy Company Imperative: vibrant Company Imperative: responsible Model: Traditional Banking + (plus) Communities Operations Foundations Opportunity (for all) Prosperity (for all) Mistakes (acknowledgment along the way) Pride (daily good things) Make a mistake (own up) Make a mistake (learn from it) Make a mistake (move on)
There are many conflicting opinions about stocks and their prospects in the coming years; I aim for short-term solid gains from market corrections, and I would definitely hop on the ride if I knew a couple of things about day-trading, That is not on my speed right now i guess.. I'm just looking to make the right moves to help me grow and protect my $670,000 reserve from inflation that looks so scary.
It's all hype! best to ignore the trend at the moment whether bullish or bearish, and stick to a proper trading plan preferably with expertise assistance.
Yeah, another reason I enjoy my day-to-day market decisions is that am being guided by a portfolio-coach. Given that their entire skill set is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, it's nearly impossible not to outperform. Since using a coach for two years and counting, l've earned more than $1.7 million in return on investment.
@@edward.abraham I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
@@Kim.beneteau Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. ‘’Julia Ann Finnicum” is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals.
@@edward.abraham Thanks for sharing this.I just looked her up on the web and your advisor looks advanced and experienced. I will write her an e-mail shortly.
That reporter of yours is like a Taylor Swift fan - just for Jamie Dimon. The fortress principle could use a more thorough explanation, though. That one was lax.
Remember Jamie Dimon is a banker through and through. He is not an economist and doesn't think like one, I'm not saying this is a good or bad thing, but they are distinct things. To understand Bitcoin and its value, you need to understand computer science and economics to understand such an emerging technology.
The sauce of Jimmie Dimon is that he inspires his employees and others, which is leadership, it shows with JPMC Numbers, culture, and his management. Thank You, Jimmie, for inspiring me, I never meet you and I never worked at JPMC. Just a big fan of yours. WSJ Thank YOU for making this video
Bro, the new promos made 4ra betting so cool. ⚡🏏 can’t wait for tonight’s match! it’s going to be epic with all these new betting options and features.
When JPMC purchased FRB, they now have 16% of the market breaking section 622 of the Dodd-Frank act. FDIC/the Fed/US Treasury facilitated a deal that broke the law. And no one is talking about it.
Its 2023, and the federal reserve crashed 3 large banks this year, and Jamie Dimon ended up buying them. Are you telling me you think he's the good guy even when he had direct interaction to make sure that Jeffrey Epstein was happy in his bank?
stronger-than-required capital reserves, meticulous oversight of credit exposure, and a culture where teams are encouraged to flag potential problems early-rather than aggressively chasing short-term profits without fully understanding the downside.
Wow, Jamie Dimon really played 4D chess with Chase! 🔥 I've got $212k chilling in my emergency fund and thinking it's time to put it to work. But where's my Jamie Dimon strategy playbook? 🤔 Looking for that golden investment headstart!
I closed my account with Chase bank for one simple reason...for over a year i kept telling them not to send mail to my house. (I was sharing a mail box with apartment building neighbors) Not only did they refuse to not send mail...They continued to send mail after i closed my account...When i went to the main office and brought all the mail in showing the manager all the mail...her response was..."This isn't mail. This is how you can save with our new "freedom card". I finally got rid of there junk mail by moving and not sending any forward address. The bureaucracy to do one simple little thing was AMAZING!
I was fortunate enough to meet him when I first started at Primerica when art Williams sold Primerica to Sandy Weill when travelers merged with Citi to become Citigroup. Right before sandy fired him which turned out to be the best thing that ever happened to him ironically
Integrally involved in the 2008 mortgage and housing disaster. Giving $400,000 mortgages to people earning $25,000 a year and such. The loss of wealth to people caused by this gross mismanagement was in the trillions. He and his peers, if there was any justice, should be in jail.
I'm a former Application Systems Engineer 5 for Wells Fargo Home Mortgage headquarters in West Des Moines, Iowa. Norwest Mortgage was good. Wells Fargo has bad and toxic leaders.
Jamie Dimon’s tenure at JPMorgan Chase showcases a blend of disciplined risk management, strategic crisis-era acquisitions, and an outspoken leadership style. While his successes have enlarged and fortified the bank, they have also magnified concerns about too-big-to-fail institutions and the concentrated power wielded by a handful of top U.S. banks.
Banks take in massive amounts of consumer deposits, often paying extremely little interest, and then originate loans with that money that capture a high interest rate. Banking with these kind of corporations isn’t financially savvy IMO. I suggest everyone reading this start a Discover Online savings account. They offer nearly 4% APY so at least you’re getting something out of the arrangement and not giving all the potential interest income to the greedy banks paying next to nothing.
The content is great, but your editors REALLY need to up their game. Random RUclips channels with 10k subs have better editors than the WSJ. The audio is everywhere. I listen on speakers and I could not hear half of the people and the other half were WAY TOO LOUD.
Mr Dimon built a strong and fantastic business model, He also is a good seller. They mentioned the amount of deposit at J.P Morgan, but if you consider shareholder returns in the past 10 years, it's an even bigger proof that he's done a goob job managing the bank.
Foreclosures. And Equity in the home How about the Bank has to own 70% of the property with a recent appraisals and if is on a fixed mortgage, everything beyond that. Is on a variable rate
It's funny because in the UK, they pay the highest rate on CD and comparably high rates on savings. Once they get the market share, things might look like the US.
Chase's Preferred Relationship Savings Account pays 0.02%. That is the same they were paying three years ago when the Fed had rates at basically zero. At least Citi has been trying to be somewhat competitive on what they pay with their savings accounts.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
@@JeanpaulCeme you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
@@alexsteven.m6414 My advisor is "Jeffrey Harold Starr" he’s highly qualified and experienced in the financial market. he has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
If you in the long term , you shouldn’t be concerned about macro economics. Invest in good solid companies trading at a discount to cash flow that’s what I do for my clients and for myself
They became the biggest because JPM was one of the only big banks that were scratching their heads at how people were being able to "offload" risk on the MBS' and CDO's, only to realize during 2008, that people weren't. The banks just took em because "oooooh, shiny mOnEy". So they came out of the 2008 recession relatively healthy compared to the others.
You mean the strategy of offloading a whole bunch of subprime mortgage loans on to smaller credit unions and then buying them up to expand their footprint?
These guys like Larry Fink and Jamie are basically politicians now. More than half of their speaking panels is about global affairs and political topics as opposed to finance and banking agenda.
I happened to work for Chase in upper management capacity and I can summarize how Jamie Dimon built Chase into the most powerful bank in America with one word, RUTHLESSNESS. I recall reading an article in Ohio newspaper in early 2000 that Chase committed to Ohio Governor to create 2500 jobs in the following year in lieu of millions in tax breaks. I was shocked that Chase started laying off employees right away in order to hire 2500. Unfortunately, none of Ohio politicians cared nor held Jamie Dimon accountable by playing politics in order to save millions on their income taxes. This is just a snapshot on how Jamie Dimon made Billions for himself by DESTROYING many lives without any conscious.
To introduce a his key concept of a "fortress balance sheet" and only explain it with the animation of a castle is not worthy of the Wall Street Journal. Those of us who used to read the paper version of the WSJ would love to see you put up a copy of their balance sheet from their annual report and highlight each item that is evidence of the fortress. We're not afraid of numbers or ratio analysis.
It's all public information.
Haha yeah they did gloss over that. By the time the video finished I forgot I that they never explained it. Good catch.
@@AnthonyClauser Yeah but OP is not the one who posted a video about JP Morgan. It's literally the job of the journalists & producers behind this video to explain stuff to the public. Seems they could have added another minute to give examples of what a fortress balance sheet is.
WSJ is a biased elitist fascist org that produces propaganda and on occasion investigative pieces so it can feint credibility. Like cnn, rest of corp media.
@@methos1999agreed.
That guy talking about Jamie was Glazing so hard 😂😂😂
i know jamie’s meat was smacking against his cheek bro was glazing crazy
😂
I mean he’s probably made a TON of money from investing in JPM lol
“He’s Jamie.” 😍😍
He was literally blushing while talking about him hahaha
I was w/ BankOne in the early 2000s when JD came in to be CEO, w/ Charlie S as CFO, Austin A as CIO and a slew of other key lieutenants - shortly there after Chase and BankOne merged and the BankOne crew pretty much took over the combined institution… I spent 15 yrs working there, across multiple LOBs and around the globe… I recall working on a huge tech-op conversion in the payments area, as part of the B1-Chase integration effort - it was conversion weekend - Friday wherein we were operating a global systems upgrade that started at midnight GMT in London - it was 5am in Chicago, where our global command center was located in a huge 3rd lower-level basement conference room site wherein each line of business had its own “war room” attached to the main command center. I was the overall PGM for the Global Tech & Ops org… it was 5am CST…. These series of rooms off of the main hallway, have controlled access - I happened to be walking by one such door, on my way to a global check point call when I notice a person looking through the doorway and knocking - I look out and am certainly surprised to see JD, in a suit albeit w/ collar open and tie loosened - I open the door to allow entry and he shakes my hand, saying “I heard you folks are doing good things down here and I wanted to stop by to learn more - he proceeded to spend 90 minutes w/ us, both in our checkpoint call w/ the global team, as well w/ our small war-room team, asking questions about Ops sites, Tech environments, how the payment “supply chain”, including the Fed Resv, payment clearing houses, international payments clearing, etc work. I’ve worked for a few other super-huge global firms but have never had more respect for an executive that had sufficient curiosity about the businesses that he led, to actually (and w/out an entourage of underlings) invest his own time to learn and participate….
Great story and experience. Jamie Dimon gives off true ENTJ vibes.
Great story and experience . It's clear that JD leads by example and that deserves nothing but total respect.
Awesome story should have way more than 46 likes
Tldr
Thanks for sharing 👍
What a fluff piece! Maybe describe exactly how they have a fortress balance sheet rather than that juvenile animation.
exactly. Jamie Dimon makes taller walls in the fortress balance sheet. That makes sense. Thats why He made sure epsteins money was safe, and was somehow able to survive the banking crisis in 2007 when all the other banks were failing. The federal reserve knew exactly what it was doing and planned the 2007 crash. Jamie Dimon saw it coming as well, and made sure it survived. This is public information. What is not public is did Jamie tell the fed to keep the rates low in order to grow the bubble, and then pop it so it could get some cheap banks?
@@davidanalyst671well I doubt the last part. Because the government urged him to take over Bear Sterns but still issued a fine on him for Bear Sterns inadequacy
Go do your own research. This is just a tip of information. Do you want everything handed to you
Do your research and draw your own conclusions.
It's been years since I left JPMC and yet Jamie Dimon is still an inspiration.
They’re being sued right now for their ties with Epstein
To me his career seems so impossible that I don't even feel inspired! He is an alien to me!
I would define him as a thief!
He's no different than other crooks in the finance industry.
@@firefly4907 First National Bank of Epstein?
“I don’t know what that word means anymore” genius level answer sincerely.
He is well-coached.
the way he phrased his answer was definitely a double entendre
1. doesn't know how to "fail" or won't let the bank (JPMC) fail
2. jamie acknowledging the semantic satiation of the phrase.
That young dude sounds like he is in love with Jamie Dimon
Jamie is a gifted communicator who manages to communicate something complex so that the messages are easier to understand. He is an asset to the United States.
He literally helped fuel the homeless crisis. Insanity and immorality all around here.
@@David-wc5zl I am very interested to hear how a single man could achieve such a result?
@@glennnielsen8054 A single man didn't do it by himself, that's why he said "helped". Reading is fundamental.
The guy loves him so much
the guy is gay
It’s weird 😂 just a bunch of criminals
What matters most is “it’s beneficial to him & to the government”… plain & simple…enough said
u don"t get off that Easly.....................................
When it comes to corruption J.P. Morgan make Credit Suisse and Deutsche Bank,
look like Altar👼 Boys
First National Bank of Epstein?
For 100 years the Bank that Rockefeller's bought has used their influence to make deals that have made the Family Bank into a formidable organization.
David and Nelson were influential on several levels as Nelson worked the Partisan battles and David arranged the Corporate effects.
The Castile they built in Saigon appeared to be some new center of an expanding Colony in Southeast Asia.
Nelson was a Candidate for the Oval Office several times, and appeared to be among the group of Investors who choose the names that appear on a Ballot.
Their influence is subtle and influential.
They hired Hank Kissinger to assemble the document that appeared to be used to convince US Legislators and Presidents to commit US Troops to support the exploitation of Vietnam.
The apparent failure of the US seemed to prevent Anaconda corp ( another Rockefeller Industry) from mining the Central Highlands, but their investments in Chemical Companies produced profits as Vietnam was covered in defoliants.
The Chase Bank in Saigon, of 1969 is now joined by 4 other branch locations in that Nation that interpret profits for Chase as the Vietnam Oil sales to the US flow along with a small fee to insure that the purchase is a success.
As the Family Members attempt to avoid the spotlight, Diamon seemed to emerge to replace David Rockefeller as the Guy with the Cash Drawer.
The ability to convince the Nixon Administration to convert the US to the use of Fiat Dollars, seems to have helped drive the Chase to the top of the financial markets that decide "US Interests" as they have for over 100 years.
But you all knew that............Right?
lol you basically took a short quote from an excerpt of the video on the financial crisis and used it to generalized the entire video. Where did that logic come from xD
@@RandomVideos-re9ux The Authorized Family Biography and a few decades of watching how economics works after I gave up on participating after 50 years.
What generated your Critical interest?
Am I disturbing the Force of Capitalism?
I respect Dimon alot. I was with Bank One in the early 90s. Later in the early 2000s I joined Chase Bank. He is intelligent business man.
nice video, on a side note a shout out to your editor/animator, they did a really good job
Investors cannot predict the future in negative markets since they always bring in a new set of enterprises to purchase and watch while laying the groundwork for a new successful ascent. Which stocks are the best to add to a watch list or buy right now? I've seen news stories of folks making up to $250k during the recession.
Especially during an inflationary period, investors should exercise caution when it comes to their exposure and new purchases. Only under the guidance of a qualified expert or reliable advisor are such large yields in this recession achievable. Mark Stuart Jordan is the financial advisor that helps me. He has a large following and is easily found online. He has an extensive understanding of the financial markets.
Jamie definitely runs a tight ship. He is rich enough to never have to work but continues to work. I think hes the only person in history to become a billionaire by working at a company as an employee
He’s definitely not the only person. Tim Cook is another and I’m sure there are many others.
@eobardthawne324 yeah plenty others like steve balmer and sundar picchai
The richest employee is actually Steve Ballmer of Microsoft.
Jamie is a successful CEO, during all the turbulence the bank didn’t collapse.
Almost as if he knew all the turbulence was coming, and was working with people at the federal reserve. This video says that politicians will work with Jamie 1 on 1, so why wont the federal reserve?
bot
2008?
I don’t directly invest in JPM stocks but I do like to focus on ETFs that have stock into it since I can own a small piece of it. Dimon is like the godfather of the banking industry and eventually I’d like to buy some stock in it cause I feel like under his leadership he’s built JPM to be a giant in the industry and under his tutelage I’m sure even when he’s retired whenever that happens there’s plenty of execs that can take his place
Very good idea!
Imagine what Citi would be if Dimon became CEO
Sandy Weill must still be kicking himself. What a short sided move.
@@tomfaz4193
Sanford I. "Sandy" Weill is greater than Mr. 💍
There would be no Jammie💍 without Sandy Weill
This is one of the biggest "what ifs" in US business history. Another interesting one is that Jeff Bezos offered him a VP role at Amazon after he left Citi.
Then Citi would be the First National Bank of Epstein?
What would Citi be now if not for Walter Wriston back then....? 🤔
this reporter seems in love with Jamie Dimon... LOL 6:15
First National Bank of Epstein?
Wonder why the government allowed them to break banking regulations and go over 10% of US deposits? 🤔 🤦♂️ 🤷♂️
Remember the CNBC correspondent involved with a millionaire, I think while she was married?
ikr 😭
He’s clearly a shill. I’m sure he worked for Chase or will in the future. And why is WSJ interviewing their own reporter? Propaganda 💁♂️
Don’t Upset the Balance of Power😮: 3:22
Reasons, Risks who do you think your talking To, this Man is the only Person that just said. “ You need to take the Time and listen to these people.” 😅
Something like 👍 That!
How long have I been watching Jamie Diamond…….. YEARS
Good Man, savvy if it was a Destination, I Know I’m Good ☺️
When you learn about his story from the beginning is pretty impressive and till now he's still looks like a humble guy for a person who can shake the world.
When I was asked about how I felt about this video, my response was: "I don't know I'd have to think about that."
6:01 he’s so real for that
I have been a customer since 1966. The bank has always treated me fairly.
Great insight on who Jaime really is. So cool
Jamie is going down as a great man and a great businessman.
bot
Great Video......
Could Have put reports and copies of balance sheets for more details.....
I don't usually listen to people talk , he's an individual where you know he's trying to be real while letting you know he's human. I actuality enjoy listening
Aaron Finch representing 4rabet is a guarantee of high standards his reputation is solid gold 🏆💪
What we actually want to hear from the Wall Street Journal is what exactly Jamie and the Federal reserve talk about, and how every bank in the world had MBS but Jamie avoided it, and Jamie somehow grew bigger by buying up banks the federal reserve crashed in 07,08, and now 2023. Jamie knows failing banks is good for business, so does he talk to the Fed about that? The federal reserve at this point in time is keeping interest rates high... did Jamie Dimon tell the federal reserve to keep rates high in order to crash more banks?
So you're implying the Feds knew before hand what a mess MBS would be and allowed multiple banks to fail, that it was glaringly obvious because somehow the feds knew but all the banks failed to see it, and that the Feds knowingly let the economy tank? Talk about illogical conspiracy theories.
I would like to hear Jamie Dimon, in detail, explain what scared him away from sub-prime mortgages, and why he thinks everyone else, except The Borg (Goldman), missed those cues.
Goldman made out by making side bets against mbs
This isn't true though. They invested in subprime all the time, jumping in and out because they knew it was a terrible risk.
@@zander9158 I want to hear it directly, from Dimon, in front of Congress, under oath.
JP Morgan is a very conservative bank
@@Alex-df4lt Want to hear want event / news report triggered it.
The fact that Jamie Dimon has good relationships with regulators and works towards the interests of JPM and the Feds, puts JPM in a position for growth and lack of political will to break up the bank. like JPM is somewhat a private arm of the US government to bail out (acquire) failing banks.
Executive compensation is too high for an industry that basically sits and holds (certainly in proportion to doing actual work).
That is the main sickness in banking.
Warrent buffet :"American economy is safe cause jamie dimon runs chase"
What Jamie is doing is common sense. Nothing special. But he has the guts to do it while others are reckless and greedy
JPMorgan Chase
Vision (outline)
Principle: Simplicity
Principle: Unchanging
Aim - most respected financial services firm in the world
Serve: Corporations
Serve: Individuals
Company Imperative: healthy
Company Imperative: vibrant
Company Imperative: responsible
Model: Traditional Banking + (plus)
Communities
Operations
Foundations
Opportunity (for all)
Prosperity (for all)
Mistakes (acknowledgment along the way)
Pride (daily good things)
Make a mistake (own up)
Make a mistake (learn from it)
Make a mistake (move on)
"I'm not going to play golf" , deep words.
There are many conflicting opinions about stocks and their prospects in the coming years; I aim for short-term solid gains from market corrections, and I would definitely hop on the ride if I knew a couple of things about day-trading, That is not on my speed right now i guess.. I'm just looking to make the right moves to help me grow and protect my $670,000 reserve from inflation that looks so scary.
It's all hype! best to ignore the trend at the moment whether bullish or bearish, and stick to a proper trading plan preferably with expertise assistance.
Yeah, another reason I enjoy my day-to-day market decisions is that am being guided by a portfolio-coach. Given that their entire skill set is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, it's nearly impossible not to outperform. Since using a coach for two years and counting, l've earned more than $1.7 million in return on investment.
@@edward.abraham I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
@@Kim.beneteau Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. ‘’Julia Ann Finnicum” is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals.
@@edward.abraham Thanks for sharing this.I just looked her up on the web and your advisor looks advanced and experienced. I will write her an e-mail shortly.
Thanks boii, going to make some money now.
That reporter of yours is like a Taylor Swift fan - just for Jamie Dimon. The fortress principle could use a more thorough explanation, though. That one was lax.
Getting away from the routine and starting to earn is a dream!
Remember Jamie Dimon is a banker through and through. He is not an economist and doesn't think like one, I'm not saying this is a good or bad thing, but they are distinct things. To understand Bitcoin and its value, you need to understand computer science and economics to understand such an emerging technology.
Aaron Finch with 4rabet showcases their commitment to excellence in sports and more 🏏🚀
Every event at 4rabet is a hit with Finch his achievements in sports really draw a crowd 🎉🏏
I always love WSJ videos. As an Econ major, I can’t wait for new uploads lol.
The sauce of Jimmie Dimon is that he inspires his employees and others, which is leadership, it shows with JPMC Numbers, culture, and his management. Thank You, Jimmie, for inspiring me, I never meet you and I never worked at JPMC. Just a big fan of yours. WSJ Thank YOU for making this video
BS. First National Bank of Epstein?
Wonder why the government allowed them to break banking regulations and go over 10% of US deposits? 🤔 🤦♂️ 🤷♂️
You're riding his meat heavy bro
Bot
That's a Jamie fan right there
Its truly inspirational to hear about JD’s leadership.
Bro, the new promos made 4ra betting so cool. ⚡🏏 can’t wait for tonight’s match! it’s going to be epic with all these new betting options and features.
Jamie is a very generous ceo and that makes the company too. You are well compensated❤
bot
2:19 keeping the JPM legacy alive.
He's an amazing Man !!🇺🇲🇺🇲
When JPMC purchased FRB, they now have 16% of the market breaking section 622 of the Dodd-Frank act. FDIC/the Fed/US Treasury facilitated a deal that broke the law. And no one is talking about it.
Thank you
This is the first time I've heard a good banker actually exist
Dimon? Good?? Do you believe all propaganda???🙄🤡
This is a story about a popular banker who made a deal that is beneficial to him and to the government, I advise you to ignore everything else
Its 2023, and the federal reserve crashed 3 large banks this year, and Jamie Dimon ended up buying them. Are you telling me you think he's the good guy even when he had direct interaction to make sure that Jeffrey Epstein was happy in his bank?
Good in a sense that he runs the bank really well not a morally good person, he is banker after all.
Someone is seriously in love with Dimon. Get a room, please!
Mr. diamond I have a question on China have you talked to Chinese premier Lee Chang Yang
I'm seeing him as the next FED Chairman.
There’s 0 incentive for him to take that path
Wish they would fix their ATM. Thinking of changing banks
Jamie Dimon should replace jerome powell when powell's term is complete. He's the best fit for strong US finance and economics into the future
stronger-than-required capital reserves, meticulous oversight of credit exposure, and a culture where teams are encouraged to flag potential problems early-rather than aggressively chasing short-term profits without fully understanding the downside.
Wow, Jamie Dimon really played 4D chess with Chase! 🔥 I've got $212k chilling in my emergency fund and thinking it's time to put it to work. But where's my Jamie Dimon strategy playbook? 🤔 Looking for that golden investment headstart!
I closed my account with Chase bank for one simple reason...for over a year i kept telling them not to send mail to my house. (I was sharing a mail box with apartment building neighbors) Not only did they refuse to not send mail...They continued to send mail after i closed my account...When i went to the main office and brought all the mail in showing the manager all the mail...her response was..."This isn't mail. This is how you can save with our new "freedom card". I finally got rid of there junk mail by moving and not sending any forward address. The bureaucracy to do one simple little thing was AMAZING!
After some year I will become like Jaime Dimon🎉🎉. I truly admire him 🎉🎉🎉.
I was fortunate enough to meet him when I first started at Primerica when art Williams sold Primerica to Sandy Weill when travelers merged with Citi to become
Citigroup. Right before sandy fired him which turned out to be the best thing that ever happened to him ironically
That first full graphic was funny, I literally couldn't tell these guys apart
Fortress Balance Sheet ✔️
Aligns perfectly with the namesake
Diamond not Dimon
Would, First National Bank of Epstein now be the namesake instead of JPM?
Integrally involved in the 2008 mortgage and housing disaster. Giving $400,000 mortgages to people earning $25,000 a year and such. The loss of wealth to people caused by this gross mismanagement was in the trillions. He and his peers, if there was any justice, should be in jail.
I'm a former Application Systems Engineer 5 for Wells Fargo Home Mortgage headquarters in West Des Moines, Iowa. Norwest Mortgage was good. Wells Fargo has bad and toxic leaders.
Jamie Dimon’s tenure at JPMorgan Chase showcases a blend of disciplined risk management, strategic crisis-era acquisitions, and an outspoken leadership style. While his successes have enlarged and fortified the bank, they have also magnified concerns about too-big-to-fail institutions and the concentrated power wielded by a handful of top U.S. banks.
Thank goodness for Jamie, every other bank ceo seems sleezy, he says what he thinks, that’s more than a lot of people
And by doing that he comes off better and a little more transparent?
Banks take in massive amounts of consumer deposits, often paying extremely little interest, and then originate loans with that money that capture a high interest rate.
Banking with these kind of corporations isn’t financially savvy IMO. I suggest everyone reading this start a Discover Online savings account. They offer nearly 4% APY so at least you’re getting something out of the arrangement and not giving all the potential interest income to the greedy banks paying next to nothing.
Bless for CEO Jamie Dimon
Morning!
Rich keep on getting richer!!!!!!!!!!!!
The content is great, but your editors REALLY need to up their game. Random RUclips channels with 10k subs have better editors than the WSJ.
The audio is everywhere. I listen on speakers and I could not hear half of the people and the other half were WAY TOO LOUD.
love him! a great leader.. so inspiring
Chase really does have the best products in the industry by far
List 2!
It aint its savings
Thank You
the male commentator you selected to be in jimmy’s fan club
Mr Dimon built a strong and fantastic business model, He also is a good seller. They mentioned the amount of deposit at J.P Morgan, but if you consider shareholder returns in the past 10 years, it's an even bigger proof that he's done a goob job managing the bank.
Wow inspiring 👏 ✨️
Foreclosures. And Equity in the home
How about the Bank has to own 70% of the property with a recent appraisals and if is on a fixed mortgage, everything beyond that.
Is on a variable rate
So safe, they pay almost nothing for CD’s and savings. In some parts of the country, they require a 500+ minimum deposit to avoid a “convenience” fee.
They dont want peasant clients
@@Yeetzy22839 First National Bank of Epstein?
It's funny because in the UK, they pay the highest rate on CD and comparably high rates on savings. Once they get the market share, things might look like the US.
Try brokered CD markets. They are highly competitive and JPMC pays some of the highest rates.
Chase's Preferred Relationship Savings Account pays 0.02%. That is the same they were paying three years ago when the Fed had rates at basically zero. At least Citi has been trying to be somewhat competitive on what they pay with their savings accounts.
3:52 “I don’t know what that word means anymore” well it’s your job 💀
Great job 👏 Jamie one of the best ceo thank you . I’m a Proud shareholder
сильно конечно) а как долго ты учился так играть можешь рассказать?
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
@@JeanpaulCeme you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
@@yolanderiche7476 who guides you. might just be what i needed now
@@alexsteven.m6414 My advisor is "Jeffrey Harold Starr" he’s highly qualified and experienced in the financial market. he has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@yolanderiche7476 I'm sure he is. Didn't he get charged for child abuse?
If you in the long term , you shouldn’t be concerned about macro economics. Invest in good solid companies trading at a discount to cash flow that’s what I do for my clients and for myself
They became the biggest because JPM was one of the only big banks that were scratching their heads at how people were being able to "offload" risk on the MBS' and CDO's, only to realize during 2008, that people weren't. The banks just took em because "oooooh, shiny mOnEy". So they came out of the 2008 recession relatively healthy compared to the others.
You mean the strategy of offloading a whole bunch of subprime mortgage loans on to smaller credit unions and then buying them up to expand their footprint?
Chase sold and capital one and eventually credit one bank and wells fargo branch only so applicable as i had a son/Alyster, so applicable.
These guys like Larry Fink and Jamie are basically politicians now. More than half of their speaking panels is about global affairs and political topics as opposed to finance and banking agenda.
Jamie Dimon is an outstanding citizen 👏
Too big to fail.
Thats the dream isnt it?
First National Bank of Epstein?
Wonder why the government allowed them to break banking regulations and go over 10% of US deposits? 🤔 🤦♂️ 🤷♂️
Agreed, separate investment banking and retail banking.
71760 Idella Overpass
Jamie Morgan Chase.
Game recognize game, playa.
I happened to work for Chase in upper management capacity and I can summarize how Jamie Dimon built Chase into the most powerful bank in America with one word, RUTHLESSNESS. I recall reading an article in Ohio newspaper in early 2000 that Chase committed to Ohio Governor to create 2500 jobs in the following year in lieu of millions in tax breaks. I was shocked that Chase started laying off employees right away in order to hire 2500. Unfortunately, none of Ohio politicians cared nor held Jamie Dimon accountable by playing politics in order to save millions on their income taxes. This is just a snapshot on how Jamie Dimon made Billions for himself by DESTROYING many lives without any conscious.
Fractional reserve is a pretty nice advantage
Jamie is somehow so soothing and likable, good thing Citi has brought out Jane she is a refreshment.
The annoying part is, dimon is one of the most brilliant bankers in existence, and yet this piece is so fluffy it looks like he paid them to make it
Let’s not kid ourselves, it was mostly dumb luck that JPM (and Diamond) was in the right side during the Great Recession.