Congressman: “Mr. Dimon, is it possible that JPMorgan could lose $2 trillion?”

Dimon: “Not unless the Earth is hit by the moon.”
Congressman: “…”

Comments (27)

  1. Posted by Mr. Scientist | June 19, 2012 at 1:01 PM

    This…this is making insanely good sense to me.

    - Hank Johnson

  2. Posted by Puck It | June 19, 2012 at 1:02 PM

    "Mr. Dimon, why aren't you hedged against moon crash risk?"

    —Congressmoron from Ohio

  3. Posted by Nassim Taleb | June 19, 2012 at 1:11 PM

    Actually, I've got that trade on.

  4. Posted by Mexi_Cant | June 19, 2012 at 1:11 PM

    Knights of Colombus! We can be industry leaders in moon risk insurance! We are Back!

    -AIG Quant

  5. Posted by Astronomer | June 19, 2012 at 1:12 PM

    Yeah but back in 2006 when asked where he'd put the chance of a global recession within the next 10 years, Dimon said "about the same as Pluto leaving our solar system"

  6. Posted by Neil Armstrong | June 19, 2012 at 1:13 PM

    Will the moon crash into the earth? there is little evidence. if it is so then there will be warnings such as large tsunamis and tidal waves due to the moons gravity pulling the waves around.
    well I watched this show (I believe in God) but it said when the universe was made earth was cooling off gas and part of earth while it was gas broke away to become our moon and astronauts put mirrors on the moon and it seems it is moving away from earth about 2 inches every year and I may not have understood this next part as much but I think they said it was going to go away so far it will come back and hit earth but my theory is if earth is more than zillion years old then wouldn't the moon have hit the earth all ready?

    The moon is constantly moving further away from the earth. this is a result of the moons rotation around the earth ant the effect that the moons gravity has on the earths oceans. the earth's oceans as a result of the tides put a force out into space that is constantly pushing at the moon forcing it further and further away from us.

    Read more: http://wiki.answers.com/Q/Will_the_moon_ever_hit_

  7. Posted by Neil deGrasse Tyson | June 19, 2012 at 1:22 PM

    Prescient of Mr. Dimon don't you think? Pluto did leave the solar systemm and we experienced a global recession. A for effiort though.

  8. Posted by none | June 19, 2012 at 1:23 PM

    You're fucking retarded.

    The exception being the earth hitting the moon.

    So, NOT fucking possible, UNLESS the Earth is hit by the Moon.

    Wow. Wow. Retards.

  9. Posted by guest | June 19, 2012 at 1:32 PM

    Congressman Frank: Hey! Let me ask you, what's your favorite planet?

  10. Posted by Umm | June 19, 2012 at 1:35 PM

    Look up!

    That's where the joke went

  11. Posted by Trogdor | June 19, 2012 at 1:42 PM

    Goodnight moon…
    Goodnight Dimon….
    Goodnight sheep banging Liz Tilton jumping over the moon

  12. Posted by guest | June 19, 2012 at 1:44 PM

    Congressman Frank: Hey! Let me ask you, what's your favorite planet?

  13. Posted by Neil deGrasse Tyson | June 19, 2012 at 1:53 PM

    Trolled, I earned that.

  14. Posted by Lloyd Christmas | June 19, 2012 at 2:07 PM

    Husband?! What was all that one-in-a-million talk?

  15. Posted by guest | June 19, 2012 at 2:09 PM

    You're not very bright, are you?

  16. Posted by guest | June 19, 2012 at 2:09 PM

    Sarcasm, meet retard.

  17. Posted by guest | June 19, 2012 at 2:10 PM

    Grow at least once brain cell before commenting again.

  18. Posted by Michael Scarn | June 19, 2012 at 2:11 PM

    $2 Trillion does loss huh?…welp, see ya later.

  19. Posted by guest | June 19, 2012 at 2:21 PM

    I hope you burn for your stupidity.

  20. Posted by Harry Balzer | June 19, 2012 at 2:24 PM

    For a 3% fee, anything's possible, Sir.

  21. Posted by The Sword | June 19, 2012 at 2:35 PM

    "once brain cell"???

    If you are going to make fun of someone for being retarded you should proof read your 9 lousy words……lest you look even more stupid.

  22. Posted by PermaGuestII | June 19, 2012 at 2:35 PM

    We're on the other side.

    -GS astrophysics desk

  23. Posted by guest | June 19, 2012 at 3:30 PM

    Jewpiter?

  24. Posted by Guest | June 19, 2012 at 5:13 PM

    so you're telling me there's a chance!

  25. Posted by Lloyd | June 19, 2012 at 5:35 PM

    Those are IOUs! They're as good as cash. This one is worth $275,000, might want to hang onto it.

  26. Posted by The Real Lloyd C. | June 19, 2012 at 5:45 PM

    We have plenty of towels, thanks.

  27. Posted by 25th Hour Trader | June 19, 2012 at 6:58 PM

    I believe if the moon were to hit the earth, the loss would be manageable.

    V. Pandit