Jamie Dimon: “I was safer in Beirut”… Maybe Because of Those Gold Bullions JPMC Sent Iran?

The world’s richest drama queen complains he was safer in Beirut than being confronted by Occupy Wall Street.

For Jamie Dimon, the shelter of his Upper East Side mansion isn’t enough to keep him safe from the Occupy protesters. Instead, the JPMorgan Chase CEO said he felt safer halfway around the world that October day when protesters occupied the sidewalk outside his Manhattan home.

“That particular day, I was in Lebanon, Beirut doing business over there and I was probably safer over there too,” Dimon told Fox News.

Well, sure.

Dimon is the CEO of a company that materially supported Iran, Hezbollah’s sponsor.

Of course he was safe in Beirut.

I mean, maybe if he’d start sending $20M in gold bullion to Americans, like JPMC did for a bank in Iran, he’d feel safer here.

An apparent violation of the ITR consisting of a May 24, 2006 transfer of 32,000 ounces of gold bullion valued at approximately $20,560,000 to the benefit of a bank in Iran. JPMC did not voluntarily self-disclose this matter to OFAC.

But rather than sending gold bullion, JPMC is paying the cops that harass OWS.

Of course he’s safer where JPMC has paid off the terrorists rather than paid off the cops infringing on free speech.

14 replies
  1. Kathleen says:

    JPMorgan and Madoff: Will the Scandal Sink Jamie Dimon?
    Feb 3, 2011 5:38 PM EST
    A newly unsealed complaint alleges JPMorgan executives suspected Bernie Madoff was a fraud long before he was exposed—yet did nothing. Allan Dodds Frank on how far the fallout could reach.
    Madoff was arrested on December 11, 2008 in the greatest Ponzi scheme on record, it was clear that Dimon, the leader of the bank where Bernie kept much of the money he stole, was going to have to answer some hard questions. That became doubly apparent when early news reports suggested that JPMC had whiffs of trouble at least a year earlier as some executives grew increasingly suspicious of Bernie. Still, the bank allegedly overlooked irregularities in his accounts and the way his hedge fund feeder clients operated.

    In a 121-page complaint unsealed Thursday by the U.S. Bankruptcy Court, Madoff bankruptcy trustee Irving Picard lays out with authority what until now had been rumors held in check by the bank’s masterful damage control efforts. The trustee wants JPMorgan Chase to disgorge $1 billion in profits and fees and another $5.4 billion in damages.

    The bank’s own executives, the complaint said, recognized a “well-known cloud” over Madoff’s activities, perhaps in 2006 and certainly by June, 2007—18 months before Bernie confessed. Picard’s complaint damns the bank by saying: “By October, 2008, JPMC’s London office reported to the United Kingdom’s Serious Organised Crime Agency (SOCA) that it knew Madoff was ‘too good to be true,’ and a likely fraud….Incredibly…JPMC still did nothing to stop the fraud.”

  2. Bob Schacht says:

    The 1%ers –or perhaps I should write, the .01%ers– fear *disapproval*. They are surrounded by fawning sycophants, so their egos are somewhat fragile. The OWS, to them, symbolizes disapproval. They can’t stand that. Poor babies. (NOT)

    Bob in AZ

  3. PeasantParty says:

    @allan: OMG! That is too funny. I guess they take turns honoring themselves.

    Sheesh. No wonder their minds are so warped. They spend their off hours in self gratification.

  4. Seedee Vee says:

    “a company that materially supported Iran”

    The propaganda is getting mighty thick around these parts, nowadays.

    What’s up with that? Have you signed up for the newest front on “The War on Terrorism”? When are you going?

  5. rugger9 says:

    One wonders how long it will take Jamie’s lawyers to tell him to STFU. After all Leona was damned by the “little people” comment [as well as the evidence] and Kathleen’s #1 post shows how Jamie might make it into a courtroom.

  6. Bill Michtom says:


    Hey! I spend my off hours in self gratification, too, but I know reality when I see it. ;-)

  7. Seedee Vee says:

    @P J Evans: I don’t really give a shit about how I am “looked upon” by someone with a polysyllabic urology fetish.

    I made a comment on a comment, deal with it. I ain’t writing essays here.

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