US News

2045 readers

122 users here now

News from within the empire - From a leftist perspective

founded 5 years ago

MODERATORS

Jamie Dimon and Nine of His Top Executives at JPMorgan Chase Have Dumped Over $150 Million of their JPMorgan Stock in Last Two Months (wallstreetonparade.com)

submitted 8 months ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

top 7 comments

sorted by: hot top controversial new old

[–] [email protected] 5 points 8 months ago (3 children)

But why?

[–] [email protected] 8 points 8 months ago* (last edited 8 months ago)

They have a lot of insider info we don't have access to. However, there are a lot of publicly available indicators pointing to a looming crisis. For example, bad property debt exceeds reserves at largest US banks and this might lead to a similar crash that we saw in 2008 due to subprime mortgage delinquencies. https://archive.ph/snNkw

[–] [email protected] 10 points 8 months ago* (last edited 8 months ago) (2 children)

Either the banking crisis that's been predicted over the past year due to high interest rates and bad debt, or perhaps there's more that will come out about how JPMorgan Chase directly facilitated Jeffery Epstein's operation in the Virgin Islands.

[–] [email protected] 4 points 8 months ago

Both? Can we have Both... I feel like we are going to get both...

[–] [email protected] 5 points 8 months ago

Thanks!

[–] [email protected] 6 points 8 months ago (1 children)

It's part of a 10b5-1. Was it premeditated months in advance? Do they just need a quarterly hit of cash to make payments on their yachts? Who is to say?

[–] [email protected] 3 points 8 months ago

Thanks!