Seeking Alpha

4MamaMary13

4MamaMary13
Send Message
View as an RSS Feed
View 4MamaMary13's Comments BY TICKER:
Latest  |  Highest rated
  • JPMorgan Likely Switched To 'New' Model To Pave Way For Risky Trade [View article]
    to: whitehawk ...the reason why we still have a functional world or society is because there's still ENOUGH people who don't lie and I believe Jamie Dimon is one to be believed on. He is a credible leader not a manager. He does not baby sit his people, so that when he delegated auhority it's coupled with responsibility. And he trusted his CIO ( and who will not) with a solid 30 year stint with JPM ( need to review loyalty program of the company). I believe the issue is it's a gargantuan task for a CEO to manage both investment and consumer banking (plus insurance) as how how I perceived derivatives/hedge funds function. When u say bet, it' connotes gambling where risk is inherent. And, no leader with a "beautiful mind" will gamble to lose. How many winnings vs. losing the game had Ina Drew.... measured in terms of its frequency not in the $ amount . Biz model should be re-modeled to a 20% IQ/80 % EQ that I pesumed to be the mindset of Jamie Dimon. . Strategy should be rooted in reality not on ivory tower.
    Jul 11 06:39 PM | Likes Like |Link to Comment
  • Bank of America (BAC) could lose a $480M revenue stream (3% of 2011 earnings), says Matthew O'Connor, thanks to expected new rules requiring banks process debit card transactions in the order they occur rather than from largest to smallest. Several big banks have already changed, but BofA - among others - hasn't, and continues to enjoy the easy money.  [View news story]
    just a silent bystander who believes that the one reason why we still have a world or a society that is still functional is because there's still ENOUGH people who don't lie. Another reason is that we are all equipped with inherent power to do good, all we need to do is turn on the switch so we can see the light to a blissful world.
    Jul 11 05:40 PM | Likes Like |Link to Comment
  • Bank of America (BAC) could lose a $480M revenue stream (3% of 2011 earnings), says Matthew O'Connor, thanks to expected new rules requiring banks process debit card transactions in the order they occur rather than from largest to smallest. Several big banks have already changed, but BofA - among others - hasn't, and continues to enjoy the easy money.  [View news story]
    Technically, the system was structured to process transaction as it comes or on a real time basis so that if the $ 210 comes in at 10am and I only have $200.00 in my account, then it will incur $35.00 overdraft outtright. It will immediately show "declined" trans due to overdrawn amount. If we're talking of checking account, and I have saving account then it's a different story.
    This matter can be resolved by emotional intelligence on both sides.
    Jul 11 05:26 PM | Likes Like |Link to Comment
  • Jamie Dimon (JPM) heads to Congress once more, this time to testify in front of the House Financial Services Committee. Dimon's prepared testimony (.pdf) is nearly identical to his remarks in the Senate, but less-friendly lawmakers looking to make some waves may try to trip Dimon up in the Q&A.  [View news story]
    Our world is deeply wounded and broken. Jamie Dimon did not cause it all by himself, don’t crucify him. To the most pressing problems of our times, he took charge with urgency believing in his heart that he can magnify his difference instead of his weakness. And, there is no denying that his fragrance of leadership is distinctive that you can neither hide it
    nor disguise it under the shadow of the 2B trading loss. Think clear, it happened because of a flaw, a design inherent in our economic system. Because economics is a science, it should be tested, re-tested until it operates perfectly. I agree, perfection is not a realistic vision for JPM ( because we live in a fallen world ) but JPM's aim is … never to operate imperfectly. At a time like this, we should be grateful that we still have a government, still have a bank that allowed us NOT to live in fear under a hostile environment. Instead of bickering/heckling, let’s focus on seeking what our assignment is and why we are sent here on earth and, participate in transforming our world. Hold on to love and respect… .that’s the winning combination that can change and transfigure our lives as an individual and as a nation.
    Jun 19 07:28 PM | Likes Like |Link to Comment
  • JPMorgan: A Bad Judgment Call Or Systemic Failure? [View article]
    on remurraymd unkind comment... you seem to be angry with Jamie Dimon. You have God given right to be angry at something you despised. When you anger is properly focus, it can be a powerful clue to you assignment. You are empowered to correct what you are willing to confront. I believe you have the wisdom to share with the world how to never allow losses in the financial world to happen again. Be mindful, bank should operate like a free flowing river, and not a dam to stagnate...be blessed so u can be a blessing to others...
    Jun 17 05:26 PM | Likes Like |Link to Comment
  • JPMorgan: A Bad Judgment Call Or Systemic Failure? [View article]
    Re my previous comment, I meant to write " to accelerate the recovery of our failing economy" sorry, my mistake..
    Jun 17 05:12 PM | Likes Like |Link to Comment
  • JPMorgan: A Bad Judgment Call Or Systemic Failure? [View article]
    The $23M CEO compensation for Jamie Dimon is well deserved if measured in term of % of what he is putting in and the extent and expanse of his responsibility ( I think the Board knows this) . I believe J Dimon is properly positioned/placed there at a time like this because it is his divine destiny. He is gifted with wisdom and common sense… the winning combination for a successful leadership. He is a leader not a manager... he simply does not baby sit his employee because he puts high premium on their emotional intelligence and integrity... that's why he gave Ina Drew the authority and coupled it with responsibility. I believe, its not wise to retire Ina Drew under this sorry circumstances.. I rather see her stay and clean-up the mess for she is equipped with the the right cleaning tools to do it. She knows the "ins and outs" of the biz pretty well after 30 years of walking on water. She should be allowed to exit graciously from the corporate world . No amount of money pay-outs can suffice to assuage her damaged reputation… her legacy. It’s a stiff penalty for a lifetime. After all, it was under the direction of Jamie Dimon for Senior Leaders to “flex their muscle” in order to accelerate our failing economy. And, Ina did exactly what was needed, she flexed her muscles and worked on what she’s assigned to do. She aimed at shooting the moon, and she missed… but at least she’s among the stars up there.
    Jun 17 02:22 PM | 1 Like Like |Link to Comment
  • Bank Of America Is Worth $30 A Share, JPMorgan At Least $70 [View article]
    Thanks for the positive outlook you presented on JPM and other banks.
    Jun 14 06:52 PM | 2 Likes Like |Link to Comment
  • Senators MIA At JPMorgan 'Roast'? Regulation Is DOA [View article]
    I am a learner. I want to learn things that can make this world a better place to live in. I look for people who are intrigue by their existence in this world... their purpose why they are here. I am amazed by God giving assignment to people. Like JDimon, I believe his divine destiny is to solve financial problem...globally. But, he was NOT born qualified, but he WORKED hard to be qualified. He underwent seasons of preparation and now that he is in the midst of fulfilling his assignment, there will surely be enemies.
    Like the "hecklers" they are so angry. I believe that is their divine destiny to be angry. They must realized there is energy, power and ability in their being angry. Their anger when properly put to use can probable give birth to a solution to the many wrongs in this world... all they need is to focus on love and respect...for love never fails...
    Jun 14 06:48 PM | Likes Like |Link to Comment
COMMENTS STATS
9 Comments
3 Likes