CEO of JPMorgan says you don’t need to know how banking works, it’s like an airliner engine, too complex to explain, just shut up and pay us.



Against Crony Capitalism – by Nick Sorrentino

Jamie Dimon in Davos Switzerland today explaining why people don’t need to know what’s going on in the banking world. It’s too “complex.” Just know that their fee comes from managing this ball of financial confusion. And that’s all you need to know.

There, don’t you feel better? I mean it’s not like the world bailed out the whole banking system or anything. We should have faith.

2 thoughts on “CEO of JPMorgan says you don’t need to know how banking works, it’s like an airliner engine, too complex to explain, just shut up and pay us.

  1. We know how it works Jamie and it is far simpler than a jet engine. You get rich – we get screwed. Pretty simple.

  2. And this made Mafia scum bag doesn’t need to know how to tie a hangmans noose as well. Just shut your pie hole so we can put it around your pencil neck.

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