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Dimon: "I think our stock is a great buy." Mike Mayo: Has JPM reached a tipping point and is too...

Dimon: "I think our stock is a great buy." Mike Mayo: Has JPM reached a tipping point and is too big to manage. Dimon: "No." (laughter). Mayo: "We've seen how the sausage is made and I'm worried I might get food poisoning in the future."
Comments (7)
  • 3.5% dividend...
    13 Jul 2012, 09:03 AM Reply Like
  • Jamie Dimon never more impressive
    13 Jul 2012, 09:07 AM Reply Like
  • Remember everybody has an agenda..Both Dimon and Mayo...
    13 Jul 2012, 09:13 AM Reply Like
  • So if it is such a great buy
    how come (JPM) Jamie D
    will not put the buyback back in
    place and buy his own stock?
    He can talk the talk(out of both sides of his mouth)
    but can he walk the walk???
    13 Jul 2012, 09:15 AM Reply Like
  • They've got to get the trading loss completely behind them before the buyback goes back in place, to risk having the Fed tell them to halt the buyback would be catastrophic to shares. That said, it seems like the Board, and Dimon, have been caught flat footed with both the London Whale, and new allegations of traders attempting to hide losses. It's a great company with a strong brand, but the regulators are out for blood; its an election year, after all.
    13 Jul 2012, 10:15 AM Reply Like
  • The analytical profession would benefit if Mayo did contract food poisoning. His entire career has been an ego trip 1st and making investors money second.
    13 Jul 2012, 10:17 AM Reply Like
  • Mayo nnnaaaiiiiiiiissssssss...

     

    it's why he worked at CLSA and not a real firm
    13 Jul 2012, 12:19 PM Reply Like
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