If you listened closely this morning, you could hear humanity vomit as JP Morgan CEO, Jamie Dimon, began to speak at Davos.In what amounted to some of the most egotistical and delusional statements heard at a conference filled with egotistical and delusional participants, Mr. Dimon didn't disappoint. Here are a couple highlights courtesy of Twitter:
*DIMON SAYS 'YOU DON'T WANT A WEAK JPMORGAN' - or else
- Tim Backshall (@credittrader) January 21, 2015
- Julia Boorstin (@JBoorstin) January 21, 2015Such shameless insincerity would even make his Best Banker Buddy (BBB) Barry Obama blush. I don't know about you, but I'm eagerly awaiting Mr. Dimon's 2028 Presidential run with Chelsea Clinton as running mate.
But I digress. Just when you thought it couldn't get any worse, it has. Enter billionaire Jeff Greene, who's comments at Davos make Sam Zell look enlightened.
Billionaire Jeff Greene, who amassed a multibillion dollar fortune betting against subprime mortgage securities, says the U.S. faces a jobs crisis that will cause social unrest and radical politics.
"America's lifestyle expectations are far too high and need to be adjusted so we have less things and a smaller, better existence," Greene said in an interview today at the World Economic Forum in Davos, Switzerland. "We need to reinvent our whole system of life."Wait a minute, "we" need to reinvent our whole system of life? I'm curious, Mr. Greene, how specifically will YOU be adjusting your lifestyle expectations? I didn't think so. Kindly shut the fuck up.
Greene, who flew his wife, children and two nannies on a private jet plane to Davos for the week, said he's planning a conference in Palm Beach, Florida, at the Tideline Hotel called "Closing the Gap." The event, which he said is scheduled for December, will feature speakers such as economist Nouriel Roubini.Apologies, it appears when it comes to Jeff Greene, he is adjusting his expectations in the opposite direction, upward. Jewish Business News reportsthat:
Billionaire Jeff Greene really does believe that he can get $195 million for his California estate, which just so happens to be the most expensive listing for a residential property in American history.
The 59 year old made his money by betting against the subprime mortgage market that burst in 2008. But many observers think that the $195 million price tag on the Beverly Hills property is just a type of marketing gimmick and that Greene does not honestly expect to get that much money for it.
Greene dispelled these rumors in an interview with the New York Times. "When you consider the value of the land and the quality of the construction. $195 million is really quite reasonable," he said.Now back to the Bloombergarticle:
The billionaire said he's planning on having dinner tonight with former U.K. Prime Minister Tony Blair, and will attend several private meals and parties throughout the week.It's not surprise that such a disingenuous guy would find the time to have dinner with Tony Blair, a celebrated crony capitalist and war criminal. Here are a few Tony Blair lowlights I have showcased previously:
Apparently, some lifestyle expectations are more equal than others.
Have a Nice Day:
In Liberty,Michael Krieger