Seeking Alpha
  • Boatyzaffa
    JPM James Dimon bought 500,000 shares July 20th @ 34.22 that's $17M of his company's stock.
    7/21/12
    Reply (6)
    • DaLatin: Hope you all saw ! Saw what ? In assoiciated TRUSs ! Forget WILLs- LLCs Get yourselfs a trust. Offshore is better ! Like Buffet,Gates,me etc
      7/21/12
    • DaLatin: Many worry about the"death tax"going to 55% in 2013 ! Should you rush to die in 2011? The rich use Foundations & trusts.They r not affected
      7/21/12
    • DaLatin: Sorry 2012 not 2011 and poor spelling. I dont see until I read it again ! Dont get old guys/gals
      7/21/12
    • 1980XLS-2.0: Yes, But he sold $13M worth of JPM prefferred stock to finance it.
      7/26/12
    • DaLatin: From what I rem he got them around TARP @ higher price.This was typ TAX avoidance move.Div tax of 40% coming,so,switch 2 common put in trust
      7/27/12
    • DaLatin: Common cheap now & when it goes back up it's now in trusts ! I used trusts 4 same reason then Foundation gobbled up trusts ! :>) legal game
      7/27/12