JP Morgan Chase CEO Jamie Dimon thinks Massachusetts Senator Elizabeth Warren doesn’t “understand global banking system”.
So, Dimon and Warren don’t have a basic disagreement on how banks should be managed and regulated. Now we know that Liz is just stupid. Obviously, if she fully understood what Dimon and his band of thieves were doing, she wouldn’t be fighting them so hard. Ironically, in recent weeks, President Obama also called Warren’s opinions on the Trans-Pacific Partnership (TPP) ignorant. In March, Berkshire Hathoway CEO Warren Buffet she is too “angry” and “violent” in her critiques of Wall Street. It pisses me off as a woman, as a progressive, and as a banking reform advocate that Dimon, Obama, and Buffet resorted to personal smears rather than honestly debating Wall Street’s gambling operation and actually doing something about it– like busting up the too-big-to-fail banks or (better yet) taking control of the US money supply out of the hands of privately owned banks.
Warren didn’t take Dimon’s insult lying down.