Yesterday’s announcement out of JPMorgan re: who will potentially take over in the event Jamie Dimon “unexpectedly departs or is incapacitated” has those who track such things attempting to figure out what all this means for our favorite Boy Toy CEO’s future. Is he planning on leaving tomorrow or will he stay the course of being buried in the building? Is he headed to DC to relieve Tim Geithner of his duties or to open Nickels and Dimons, a dive bar on the ground floor of 383 Madison, where all shots are $2? We’re on board with the latter scenario, but Dick Bové is thinking otherwise.
JPMorgan Chase successfully downplayed its announcement of a successor to CEO Jamie Dimon Tuesday, but a Dimon departure may come far sooner than many realize. Richard Bove, analyst at Rochdale Securities, believes Dimon will be gone within the next two to three years. “I honestly believe he’s ready to move on. I think he has Henry Paulson type visions,” Bove says.
The word you’re looking for here right now is: okayyyyy. Momentarily suspending disbelief for a moment, can we discuss what “Henry Paulson type visions” might entail? Obviously we’re talking some scary shit but specifically, what are we looking at, other than an endless reel of Ken Lewis in a meat locker? And when does the Bovinator nominate Phil Purcell for Jamie’s job?
Earlier from Dick: Phil Purcell For Wachovia CEO
Citigroup Treading On Thin Ice With Punk Analyst
Dimon backlash in 3…2…
@1 uh, what are you talking about? dimon is much loved on WS.
Dick Bove is a hack. JD is the man, guy had sand kicked in his face at Citi and came back and dominated the game. All these other CEO’s cant hold his jock, and the Jes Staley plan is brilliant. K Lewis may want to take notice on how you run a business
@2 at least by certain editors of the de facto page six of wall street.
There is a large cadre of WS higher ups that wouldn’t mind if JD got hit by a bus. Just sayin…
@5 such as who?
can this be the note that finally gets bove put in assisted living?
@5 such as LB.
@8, probably because LB is a sniveling little weasely scumbag. Dimon is a man of principle who stepped up when others would not, hes to be commended for that.
@9 is correct
5- such as vik “the jerk”
Is Dimon popular with JPMorgan employees? I’ve heard he isn’t
@9 – JD, you read Dealbreaker, too?
@9 shut your filthy whore mouth.
@3 “and the Jes Staley plan is brilliant.”
Explain plz.
Woudn’t be funny as hell if JD took the reins of Citi and pulled it out of the crapper. That would be the ultimate bird to ole Sandy.
-@12
You heard wrong.
@17 was totally thinking the same thing. considering the gov owns citi, and obama loves jd, fire vikram and ask j-dizzle to take over.
A little bird told me that JD exclusively wears this as his undershirt each day.
http://www.zazzle.com/cr/design/pt-shirt?dz=cf523bb9-a921-4bf6-b43f-2b6706049b2b&clone=true&pending=true&context=rothelle&view=front
-Is it Friday yet Guy
EB definately has the booze puff going right now.
f/m/k- dimon/geithner/paulson?
@22
f/m/k dimon/blankfield/greg
His re-organization succesfully removed anyone with serious knowledge of his key profit centers, thereby making JD even more difficult to replace. Like Hyman Roth in “The Godfather”, JD plans to live forever. Now that the acute phase of the crisis has passed, he can eliminate any and all dissent. A textbook move.
He looks so Steagall in that picture.
Plopper Stansberry
He wants to force Ken Lewis into TARPitude.
@20
Nice. Move that logo up four or five inches and you’ve got the MCC version.
@27 FTW!
@9 Dimon stepped up by stealing 7 billion from Barclays. man of principle? the man is pond scum
@9 JD is a smart guy and a great executive. Please for gods sake dont delude youself into thinking he “stepped up” or that hes a man of principle. Jonestown had less tainted Kool Aid than whatever youre drinking
29 = dick fuld. let it go.
Dollars to donuts this website is totally JD’s guilty pleasure. After he closes his office door and masturbates to visions of Sandy Weill, trussed up at his feet wearing nothing but a ball gag and Meredith Whitney’s panties, you know the first thing he does is visit Dealbreaker EVERY DAY to see what Bess has written about him. Hi Jamie!
#20 – good one.
If the MCC version is “too big to fail”, the MF version must be “too small to find”