Dear Jamie Dimon,
We hope this letter finds you well, we are here to offer a helping hand.
We see the recently reported $2billion loss at JP Morgan as just the tip of the iceberg of much bigger problems with the company. Word on the street is that the true loss to be realised is somewhere between $18-20billion. That’s a $20,000,000,000 loss!!
As a suggestion to cover your recent loses at JP Morgan Chase, we at HangTheBankers.com recommend you take a short position in JP Morgan stock. We find the company to be extremely overvalued at it’s present market cap and believe it will soon face many law suits which may well go against the company.
Not only are the company’s financials disastourous but the staff are starting to revolt against the company. Recently we noted employees at the JP Morgan took out law suits against you and the company regarding the losses in their retirement accounts. We’ve seen this a growing trend in the industry along with whistleblowers coming out against their banking oppressive bosses like Greg Smith did recently at Goldman Sachs. I’m sure you remember when one of your former employees Andrew Maguire exposed the silver shorting which was going oh so well for you till he blew the whistle and then that Max Keiser launched the “Buy Silver, Crash JP Morgan” campaign. Once again JP’s criminal counterpart Goldman Sachs was exposed short selling a week ago. More counterfeiting from the banks that the people bailed out, what luck for us the people are too busy watching American Idol!!
Never mind the lawsuits brought upon you by JP Morgan investors wanting to sue you, fear not as we have a solution for this one too.
If all else fails you can join the rest of us in the growing unemployment list, estimated to now be at 22%. Remember to stand tall and proud, for you are responsible for this figure being so high.
Look forward to seeing you in the street Jamie.
The 99% & HangTheBankers.com