Jamie Dimon Is Still Waiting For His Thank You For Buying Bear

JPMorgan Chase Chief Executive Jamie Dimon said his company has lost up to $10 billion as a result of the government asking him to buy teetering Wall Street firm Bear Stearns during the financial crisis. “Someone said the Fed did us a favor to finance some of this or something like that. No no no. We did them a favor,” Dimon said, speaking at a Council on Foreign Relations event. “I’m going to say we’ve lost $5 billion to $10 billion on various things related to Bear Stearns now. And yes, I put it in the unfair category,” the CEO added. [CNBC]

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19 Responses to “Jamie Dimon Is Still Waiting For His Thank You For Buying Bear”

  1. Guy with A.D.D. says:


    You should've bought MY company instead. You'd still be reaping the rewards

    – Angelo Mozillo

  2. guest says:

    Says the guy who quintupled his equity purchase price post-signing, just because.

  3. Guest says:

    I have always been a big fan of Sarah Mclachlan's earlier works.

  4. Jermey Grey says:

    You just did it to hang that big ass banner on your building.

  5. Guest says:

    I need an explanation on the first tag.

    -Man who would say he's not ashamed to ask, but know that would be a lie

  6. pmco says:

    What if I offer to take care of his laundry for a full month? Would that be enough?

  7. Stevie Boy says:

    Yeah, we lost a shit ton of money on that acquisition. Thanks Bear.

    – L. Whale

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