Scenes from an abused billionaires support group:
Jamie Dimon, the highest-paid chief executive officer among the heads of the six biggest U.S. banks, turned a question at an investors’ conference in New York this month into an occasion to defend wealth.
“Acting like everyone who’s been successful is bad and because you’re rich you’re bad, I don’t understand it,” the JPMorgan Chase & Co. (JPM) CEO told an audience member who asked about hostility toward bankers. “Sometimes there’s a bad apple, yet we denigrate the whole.”
Dimon, 55, whose 2010 compensation was $23 million, joined billionaires including hedge-fund manager John Paulson and Home Depot Inc. (HD) co-founder Bernard Marcus in using speeches, open letters and television appearances to defend themselves and the richest 1 percent of the population targeted by Occupy Wall Street demonstrators.
If successful businesspeople don’t go public to share their stories and talk about their troubles, “they deserve what they’re going to get,” said Marcus, 82, a founding member of Job Creators Alliance, a Dallas-based nonprofit that develops talking points and op-ed pieces aimed at “shaping the national agenda,” according to the group’s website. He said he isn’t worried that speaking out might make him a target of protesters.
“Who gives a crap about some imbecile?” Marcus said. “Are you kidding me?”
[...]
Neither term appeared in a Nov. 28 open letter to President Barack Obama from hedge-fund manager Leon Cooperman, the Omega Advisors Inc. chairman and former CEO of Goldman Sachs Group Inc. (GS)’s money-management unit. Capitalists “are not the scourge that they are too often made out to be” and the wealthy aren’t “a monolithic, selfish and unfeeling lot,” Cooperman wrote. They make products that “fill store shelves at Christmas” and provide health care to millions.
Cooperman, 68, said in an interview that he can’t walk through the dining room of St. Andrews Country Club in Boca Raton, Florida, without being thanked for speaking up. At least four people expressed their gratitude on Dec. 5 while he was eating an egg-white omelet, he said.
I think mentioning the “egg-white omelet” was a nice touch. It added a very human element that even an imbecile could recognize.




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Wow, even I can afford a regular omelet. And I get cheese and bacon in it too.
The 1% are really suffering.
What a coincidence – I can’t walk through the dining room of St Andrews Country Club at all, since it is a private club/gated community with “exclusive” membership IfYouKnowWhatIMean.
The lack of self awareness is astounding. Some might say imbecilic (not me,though, cuz I don’t think that’s a word).
But….
What about health insuranceless, bankrupt, dead imbeciles?
Can they see an egg-white omelet from their (repossessed) houses?
I know this is barely worth taking seriously, but for the record:
“Acting like everyone who’s been successful is bad and because you’re rich you’re bad, I don’t understand it,” the JPMorgan Chase & Co. (JPM) CEO told an audience member who asked about hostility toward bankers. “Sometimes there’s a bad apple, yet we denigrate the whole.”
The whiny, foot-stamping, victimized “everybody hates me” tone is just weird. No one is saying that “everyone who’s been successful is bad.” People are saying, “Those who have been astronomically successful should legitimately be asked to a) honor laws that, through reasonable regulations and their enforcement, protect people other than the super-richs; b) pay a fair share for the sake of the society of which they are a part; and c) stop your sobbing.”
Dimon has a legitimate reply to make to OWS, but it isn’t this teenage temper tantrum of silly generalizations. Why, then, does he do it? I’m literally asking.
I hope they all ate a large slice of cake at that country club.
I have a modest proposal for them …..
“Sometimes there’s a bad apple, yet we
denigrate the wholepolish those apples with six figure bonuses and glorify them as naturally selected superior ‘hunters’.”It’s called, “Reaping what you’ve sown”, Jaime.
“Who gives a crap about some imbecile?”,said Marcus, 82, a founding member of
Job CreatorsSnob Felators Alliance, a Dallas-based nonprofit group.Bitter old snob gobbler says what?
The head. It hurts.
“Who gives a crap about some imbecile?” Marcus said. “Are you kidding me?”
Well said, sir, well said.
Wait. You weren’t referring to yourself? **** ***, you idiotic (imbecilic) useless leech. Are we supposed to be proud of you for standing up for other useless billionaires? (That fight tooth and nail to protect themselves and their wealth to the detriment of every other citizen??)
I bet it’s similar to what I posted over at emptywheel’s place.
Jamie makes more in a month than most of us will make in two lifetimes. What’s his problem (besides the obvious avarice)?
Also. Too. I’d like to go on the record and say that the purple ‘frock’ in the pic is just butt ugly. She was probably told it was quite stylish and charged thousands of dollars for the pleasure of signing a receipt and walking out of the store with that rag. It looks like a kindergartner glued gold painted macaroni all over her.
Now, by Big Time NY Standards, I’m sure that I’m quite (snicker) fashion ignorant. I *do* know this though: Runway items: Not. For. Every. Body. IfyouknowwhatImeanandIthinkyoudo.
Anyone know how to prepare investment banker? Pound and boil before broil? I imagine they’d have a bitter taste. Unlike hedgefund manager which I’d think are a little gamey, but sweeet.
Would I be uncool if I mentioned that I have no idea who those people in the picture are? I mean, should I? Or are they “stock photos” of rich people?
Nice catch on the egg-white omelet…I skimmed this piece somewhere earlier…too fast, I guess. Missed that, altogether.
They are so…out of touch? Insensitive? Conceited? Fulla themselves?
Don’t even realize the sound of “can’t walk thru the country club without…”
Jeez, people, you got all the money. Isn’t that enough? At least, earlier generations of rich people don’t seem to have wanted to be loved, too.
Also, too: can we stop with the “job-creator” bullshit?
Non-millionaires “create” a shitload more jobs than any of these fucking parasites, if you can call anyone a “job creator” legitimately, which is hard to do legitimately, because it’s fucking DEMAND that creates jobs. And DEMAND is exactly what you don’t have enough of when a few shitheel fucktards are fucking HOARDING ALL THE WEALTH.
Why is this not an oft-repeated talking point? Why? Why are they allowed to continue with this bald-faced bullshit about how they “create jobs” and we are the beneficiaries of their largesse when we surrender OUR time, OUR lives, OUR hard work, to generate profit for them to skim off the top?
Fuck you you motherfucking arrogant twats. I’m going to go create some jobs – anyone looking for one, send in your applications to Guillotines R Us. It’s a growth industry, and looks to see explosive growth over the next several years.
If this article is not fake, which it appears it is not, then its author deserves the Inadvertent Passive Aggressive Takedown of the Year Award. Seriously, Stephen Colbert could not have done it better.
Well, they are forgettable. But for the record its a picture of the “we-are-the-1%”ers interrupting their champagne lunch to taunt the OWS crowd from the balcony of the NY stock exchange.
I seriously wonder how long it takes for the shit to really hit the fan, once the unsuspecting, totally oblivious, part of the 99% learn that these guys are the ones whose boot is on their necks? I’m a patient man, though. Up to a point.
That kind of tone-deaf dismissiveness is amazing. Next they’ll be saying that they all “need to be drug tested” or “have their heads examined”.
Those were people on a balcony on Wall Street drinking champagne and watching an early OWS march.
Oh, and yes, many if not most of these clowns (especially Dimon) are a) “self-made men” who were born to rich parents and b) Ayn Rand worshipers:
http://my.firedoglake.com/phoenix/2011/12/20/one-percenter-rugged-individualist-randroids-born-on-third-base-hitting-a-triple/
Wow. It’s early so I’m still working on the first latte sips of the day but, fuck yeah!, what she said.
“Beware the fury of a patient man.” John Dryden
I’ll take my bilderburger with cheese, please.
What a coincidence! I was listening to “Black Friday” this morning:
“When Black Friday comes
I’ll stand down by the door
And catch the grey men when they
Dive from the fourteenth floor”
And FYI, Mr. Dimon, the bad apple was the whole. The entire fucking financial industry was subverting the system and people, Mr. Dimon, who gained and consolidated their wealth by participating in that subversion deserve scorn, mockery, and jail sentences.
Don’t let ‘em fall on me, indeed…
Me, too. This isn’t the first time we’ve seen these pricks whiiiiining about oh poor poor pity me bc the 99% are so meeeeeaaan to, you know, tell the frickin’ TRUTH about what a shithead I am for arrogantly *ripping off* everyone in sight and running the nation into the shitter.
I dunno. I guess these shits live inside their arrogant bubble-land interacting solely with other 1% sociopathic shits, and they’ve all come to believe the fucking nonsense that Sir Rupert has his 99% minions bleat out on Fixed Noise, aka Faux Nooz.
I can’t figure out anything else??? This whiiiining bullshit is tedious, that’s for sure.
Obviously Mister Dimon owns shares in a guillotine manufactory and is rousing the rabble in his own enlightened self interest.
Capitalists…make products that “fill store shelves at Christmas”
They work in Chinese factories earning 30 cents an hour?
OK, now I do feel sorry for them.
A. Because he can.
B. Because that is really, truly, honestly what he feels.
C. Because he doesn’t have an ounce of self-awareness.
D. All of the above.
The gent on the balcony looks like the fellow in “Dr. Zhivago” who says, “I trust they’ll sing in tune AFTER the revolution!”
Tbogg: You missed the money quote:
Apparently these people have confused the concept of “respect” with “sucking up.”