Liberty Posted August 14, 2012 Share Posted August 14, 2012 Honestly, I liked that he was candid and spoke freely, and I felt it made him seem more relatable and human, and less of a doublespeak platitude-spewing machine than some other CEOs that act like they are politicians. But that might just be me, and I'm not a shareholder... Link to comment Share on other sites More sharing options...
alpha231616967560 Posted August 14, 2012 Share Posted August 14, 2012 Honestly, I liked that he was candid and spoke freely, and I felt it made him seem more relatable and human, and less of a doublespeak platitude-spewing machine than some other CEOs that act like they are politicians. But that might just be me, and I'm not a shareholder... +1 and I am a shareholder. I think that this is true leadership - warts and all. Candor is a endangered species in today's business / political world, and for me Jamie Dimon is aspiring to Warren Buffett's habits of simply saying it how he sees it. He's a lot less polished, of course... Link to comment Share on other sites More sharing options...
fareastwarriors Posted October 11, 2012 Share Posted October 11, 2012 Not sure if this was posted elsewhere but a nice writeup on Mr Dimon. http://www.vanityfair.com/business/2012/11/jamie-dimon-tom-brady-hang-in-there Link to comment Share on other sites More sharing options...
Uccmal Posted October 12, 2012 Share Posted October 12, 2012 Earnings out... pretty good. http://files.shareholder.com/downloads/ONE/2112510191x0x605012/4c6216e0-2cfd-4a7e-87ea-1a657efe303f/JPM_Q3_2012_Press_Release.pdf Link to comment Share on other sites More sharing options...
berkshiremystery Posted October 12, 2012 Share Posted October 12, 2012 Earnings out... pretty good. http://files.shareholder.com/downloads/ONE/2112510191x0x605012/4c6216e0-2cfd-4a7e-87ea-1a657efe303f/JPM_Q3_2012_Press_Release.pdf More at Bloomberg about JPM earnings JPMorgan Profit Beats Estimates as Mortgage Revenue Soars Oct. 12, 2012 http://www.bloomberg.com/news/2012-10-12/jpmorgan-beats-profit-estimates-on-mortgage-trading-revenue.html?cmpid=yhoo Link to comment Share on other sites More sharing options...
FrankArabia Posted October 12, 2012 Share Posted October 12, 2012 i just went through the numbers and listened in on the call....pretty decent imo....maybe adding Link to comment Share on other sites More sharing options...
berkshiremystery Posted October 12, 2012 Share Posted October 12, 2012 Dimon Says JPM Can Buy Back ‘Substantial’ Stock in 2013 and Meet Regs Oct. 12, 2012 http://blogs.barrons.com/stockstowatchtoday/2012/10/12/dimon-says-jpm-can-buy-back-substantial-stock-in-2013-and-meet-regs/?mod=yahoobarrons Jamie Dimon told investors on a conference call after the release of its third quarter earnings that the bank should be able to buy back “a substantial amount of stock” and still meet Basel III capital requirements in 2013 .... Dimon also sees more improvement in the housing market — he expects that the $500 million or so that the bank now spends each quarter on excess mortgage servicing costs will eventually disappear completely Link to comment Share on other sites More sharing options...
berkshiremystery Posted October 12, 2012 Share Posted October 12, 2012 Some short video interview with Tom Brown of Second Curve about JPM's earnings,... and also some talk about BofA. JPMorgan `Whale Has Been Buried,' Thomas Brown Says Oct. 12, 2012 http://www.bloomberg.com/video/jpmorgan-whale-has-been-buried-thomas-brown-says-ydPhGlFsREmmdUwu8bTyaQ.html?cmpid=yhoo Link to comment Share on other sites More sharing options...
arbcon Posted October 12, 2012 Share Posted October 12, 2012 I dug into the hedge, and it actually looked to be a synthetic long...the loan to deposits is something like 80%, and think the idea was to synthetically create income through this trade until natural loan demand increased....not investment advice. Link to comment Share on other sites More sharing options...
Uccmal Posted October 12, 2012 Share Posted October 12, 2012 I used to,follow Tom Brown, until he missed the 2008 bank meltdown in its entirety. Link to comment Share on other sites More sharing options...
ERICOPOLY Posted October 13, 2012 Share Posted October 13, 2012 Some short video interview with Tom Brown of Second Curve about JPM's earnings,... and also some talk about BofA. JPMorgan `Whale Has Been Buried,' Thomas Brown Says Oct. 12, 2012 http://www.bloomberg.com/video/jpmorgan-whale-has-been-buried-thomas-brown-says-ydPhGlFsREmmdUwu8bTyaQ.html?cmpid=yhoo Paul Miller in that video talks about a $2.5b pre-tax settlement "hit" as if it were a setback, when the bank under discussion (BAC) is trading for a $170b pre-tax discount to book value. Link to comment Share on other sites More sharing options...
treasurehunt Posted October 23, 2012 Share Posted October 23, 2012 Barney Frank, of all people, says that the government going after JPMorgan for misdeeds committed by Bear Stearns "fits the description of allowing no good deed to go unpunished". He also thinks Bank of America should "probably be shielded from government legal action related to Merrill Lynch". http://finance.yahoo.com/news/barney-frank-cries-foul-governments-223525038.html I am stunned that a politician would actually say something this sensible. Link to comment Share on other sites More sharing options...
jrallen81 Posted October 23, 2012 Share Posted October 23, 2012 He isn't up for re-election.... Link to comment Share on other sites More sharing options...
Kraven Posted November 8, 2012 Share Posted November 8, 2012 JPM got approval to buy back up to $3 bil in stock in 2013 Q1. http://finance.yahoo.com/news/jpmorgan-wins-approval-resume-stock-125134221.html Link to comment Share on other sites More sharing options...
Parsad Posted November 8, 2012 Share Posted November 8, 2012 He isn't up for re-election.... LOL! ;D Cheers! Link to comment Share on other sites More sharing options...
Uccmal Posted January 16, 2013 Share Posted January 16, 2013 Pretty good earnings - even after the whale episode: http://files.shareholder.com/downloads/ONE/2198105132x0x628657/e9bf2070-50c9-4a9d-a842-4f45812989fe/JPM_4Q12_EPR_FINAL.pdf ROA - 1% 2012/2011 eps 4th Q - 1.40 - 1.20 run rate after reserve releases. TBV : 38.75 increase 15% 012/011 BV: $51; yr./yr up 10% share count is stable Link to comment Share on other sites More sharing options...
dcollon Posted February 8, 2013 Share Posted February 8, 2013 Brief clip of Jamie Dimon in Miami. It starts at 2:40 into the clip. http://video.cnbc.com/gallery/?play=1&video=3000145567 If anyone happens to find the whole presentation/video, please make sure and post it. Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 26, 2013 Share Posted February 26, 2013 JPMorgan to Cut 19,000 Jobs in Mortgage Unit, Community Banking http://www.bloomberg.com/news/2013-02-26/jpmorgan-expects-headcount-to-fall-by-about-4-000-this-year-1-.html JPMorgan Chase & Co. (JPM), the biggest U.S. bank, plans to reduce headcount by as much as 19,000 people in its mortgage and community banking businesses by the end of next year. The company expects 4,000 job reductions this year, the New York-based lender said today in presentations on its website. Those reductions will occur almost entirely through attrition, said Kristin Lemkau, a spokeswoman for the lender. The mortgage business will shrink by 13,000 to 15,000 jobs through 2014, while community banking excluding mortgages loses 3,000 to 4,000 jobs during that period, the presentation shows. ... I swear all the big banks were complaining about the lack of mortgage bankers a few quarters back... Link to comment Share on other sites More sharing options...
dcollon Posted February 27, 2013 Share Posted February 27, 2013 Quick clip on Dimon's exchange with Mayo yesterday Link to comment Share on other sites More sharing options...
Liberty Posted March 2, 2013 Share Posted March 2, 2013 http://brooklyninvestor.blogspot.ca/2013/02/jpm-investor-day-2013.html Link to comment Share on other sites More sharing options...
PlanMaestro Posted March 9, 2013 Share Posted March 9, 2013 JPMorgan Chase has requested a share buyback of about half last year's $15bn programme, according to people familiar with the matter Link to comment Share on other sites More sharing options...
PlanMaestro Posted March 9, 2013 Share Posted March 9, 2013 JPM: stress is what other banks feel http://ftalphaville.ft.com/2013/03/08/1416662/jpm-stress-is-what-other-banks-feel/ Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 14, 2013 Share Posted March 14, 2013 http://www.bloomberg.com/news/2013-03-14/jpmorgan-misled-investors-dodged-regulators-senate-report-says.html JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon sought to hide escalating trading losses that surpassed $6.2 billion by misleading investors and dodging regulators as the bank's position deteriorated last year, a Senate probe found. The largest U.S. bank “mischaracterized high-risk trading as hedging,” and withheld key information from its primary regulator, sometimes at Dimon’s behest, according to a report today by the Senate Permanent Subcommittee on Investigations. The 301-page document also shows how managers manipulated internal risk models and pressured traders to overvalue their positions in an effort to hide growing losses in a “monstrous” credit derivatives portfolio in London. Link to comment Share on other sites More sharing options...
jay21 Posted March 15, 2013 Share Posted March 15, 2013 http://www.bloomberg.com/news/2013-03-14/jpmorgan-misled-investors-dodged-regulators-senate-report-says.html JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon sought to hide escalating trading losses that surpassed $6.2 billion by misleading investors and dodging regulators as the bank's position deteriorated last year, a Senate probe found. The largest U.S. bank “mischaracterized high-risk trading as hedging,” and withheld key information from its primary regulator, sometimes at Dimon’s behest, according to a report today by the Senate Permanent Subcommittee on Investigations. The 301-page document also shows how managers manipulated internal risk models and pressured traders to overvalue their positions in an effort to hide growing losses in a “monstrous” credit derivatives portfolio in London. I hope this causes a sell off like the whale last year. I'd love to buy a great company that is being sold due to what I perceive as irrational selling. Link to comment Share on other sites More sharing options...
JSArbitrage Posted March 15, 2013 Share Posted March 15, 2013 Great company? Irrational selling? Management hid massive losses from their own regulators, lied to Congress and the public and the CEO/Chairman boasted to an analyst in public "that's why I'm richer than you." I don't know what "great company" means to you but JPM is run by Wall Street cancer. Link to comment Share on other sites More sharing options...
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