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In reply to the discussion: Bankers Seek to Debunk ‘Imbecile’ Attack on Top 1% [View all]Huey P. Long
(1,932 posts)43. Bankers, Billionaires Try to Form Movement Against OWS
Bankers, Billionaires Try to Form Movement Against OWS
By Asawin Suebsaeng| Wed Dec. 21, 2011 9:47 AM
Whaddaya know? It seems the rich now want to eat the folks who want to eat the rich. Wrap your head around this Bloomberg report:
Jamie Dimon, the highest-paid chief executive officer among the heads of the six biggest U.S. banks, turned a question at an investors' conference in New York this month into an occasion to defend wealth.
"Acting like everyone who's been successful is bad and because you're rich you're bad, I don't understand it," the JPMorgan Chase & Co. (JPM) CEO told an audience member who asked about hostility toward bankers. "Sometimes there's a bad apple, yet we denigrate the whole."
Dimon, 55, whose 2010 compensation was $23 million, joined billionaires including hedge-fund manager John Paulson and Home Depot Inc. (HD) co-founder Bernard Marcus in using speeches, open letters and television appearances to defend themselves and the richest 1 percent of the population targeted by Occupy Wall Street demonstrators.
full=
http://motherjones.com/mojo/2011/12/bankers-billionaires-try-form-movement-against-occupy-wall-street
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If they want libertarianism send them to Somalia. Personally I'd put my odds on the pirates,
TBF
Dec 2011
#12
Somalia is a perfect place for them. I've been saying that for awhile - about the entire
calimary
Dec 2011
#64
They want the 'civilized', middle class dependant, artistic and safe environment of America...
Shoe Horn
Dec 2011
#32
All I ask is that you help build the Popemobile with 2-inch glass I'll have to travel in.
HughBeaumont
Dec 2011
#24
That's some quality rant Hugh. It's true the 1% aren't overregulated they're underregulated, as in,
Monk06
Dec 2011
#31
Increase in average household income means nothing, it can easily distort reality.
Uncle Joe
Dec 2011
#25