Jamie Dimon of JPMorgan Chase launched a tirade at Mark Carney, Bank of Canada governor, in a closed-door meeting in front of more than two dozen bankers and finance officials, reports FT.
Lloyd Blankfein, of all people, ended up acting as something of a peacemaker. FT again:
The atmosphere was so bad after the meeting that....Blankfein...emailed the central banker to try to smooth relations, people familiar with the matter said.Dimon told Carney that many of the new international capital rules discriminated against US banks and he was going to continue to use the phrase “anti-American”, to describe what is going on, because it seemed to resonate with people who might be able to modify the reforms.
Bankster feuds, it doesn't get better than this.
Dimon should know the rest of the world is sick of having to bend its knee to every new regulation or IRS requirement the U.S. government spews forth upon it.
ReplyDeleteis it like girl fight..yay!
ReplyDeleteThe Counterfeiters are going at each other in a kind of Mafia territory battle. What was the argument about...The amount of the counterfeit money to be printed?
ReplyDeleteMy money is on the Canadians.
ReplyDeleteAll 5 of their banks are on this list
Bloomberg: World's Strongest Bank in Singapore
http://www.wilmott.com/blogs/irismack/index.cfm/2011/5/12/Bloomberg-Worlds-Strongest-Bank-in-Singapore