Zerohedge: “Sarkozy Goes Postal On Jamie Dimon, Says Bankers Made World Into Madhouse”

Quote Sarkozy talking to Dimon, per Reuters:

“The world has paid with tens of millions of unemployed, who were in no way to blame and who paid for everything. It caused a lot of anger. Too much is too much. The world was stupefied to see one of five biggest U.S. banks collapse like a house of cards. We saw that for the last 10 years, major institutions in which we thought we could trust had done things which had nothing to do with simple common sense. That’s what happened… There is an ocean between flexibility and the scandal we saw.  So if people present me as obsessed with regulation, it’s because there is a need for regulation. I don’t contest the principle of securitisation, but when one offshore country guaranteed 700 times its GDP, are we in the market economy or in a madhouse? Bonuses don’t bother me, provided there are also … draw-downs when there are losses. When things don’t work, you can never find anyone responsible. Those who got bumper bonuses for seven years should have made losses in 2008 when things collapsed.

41 comments on “Zerohedge: “Sarkozy Goes Postal On Jamie Dimon, Says Bankers Made World Into Madhouse”
  1. Bruce says:

    Fair words.

  2. Happy Dick says:

    Would like to share a couple drinks with Sarkozy

  3. Happy Dick says:

    “Paper Money Madness: Inflation-Fueled Economic Growth Does Not Indicate That An Economy Is Getting Stronger”

  4. JustHearSay says:

    I think Sarkozy is just talking words to satisfy the people. He is probably just a puppet like the rest. What has he actually done or tried to do to protect his constituents?

  5. Wolferl says:

    Sarko is a neurotic dwarf, but when he´s right he´s right.

  6. Oky1 says:

    Yap, yap, yapp……..

    Every hour of everyday for years now more& more news of Wallst Banks/Insurance companies evil corruption.

    And nothing much from Alex Jones & rest of the things you can be doing on a personal level, that are non violent, to react & counter Wallst & their DC puppets evil plans.

    Yes, by all means keep posting, but at least throw in a few concrete steps you’ve recently taken to protect yourself/family from those bastards.


    Just where in the hell are you & your ABC plans?

    Ya, right Jeebus is coming to Save your sorry azzes & he’s bring your favorite smokes & beer & bourbon for everyone! LOL;)

    And V sent word to say hi.

  7. Happy Dick says:

    China is “backing the euro”

    The dollar will be replaced … article

  8. Rick says:

    I don’t think he went far enough.

  9. Michael says:

    Amazing rant. Too bad that probably all it is.
    I think what we have here is “Peek Oligarchy”
    Sarkozy doesn’t want to be thrown out next.
    You think Sarkozy will put the banksters in Jail? NO !!
    He may take some gold though if history repeats its self.

    ps. why can’t America see this !!! The MSM is so corrupt.

  10. MirrorMirror says:

    @Max … looks like Sarkozy could be your next guest !

  11. ronron says:

    i see Max wanted a cookie and i brought ice cream cones.

  12. Andrew Costello says:

    He better watch out. JP Morgan and their European backers might seek to have him “replaced” at the next election if he says such things.

  13. Happy Dick says:

    You are right Costello

    a likely replacement

    Bud Abbott (just kidding, must be the Jägermeister)

  14. Chris Paleo says:

    Nice. Sarkozy 1, Merkel et al 0. Fair words and Carla Bruni too.

  15. Jayme says:

    A lot of banks were stabilising the problem

    Yep – stabilizing the problem of imminent financial collapse so they could continue pillaging and burning livelihoods.

    Maybe a tipping point has been reached with the wrecklessness of these idiots. Yemen now appears to be doing the Tunisian Turn along with Egypt.

  16. Happy Dick says:

    Big Telecoms are in the back pocket of the Egypt Govnmt.

    They shut the internet down (what have we to look forward to if a coup arises)

  17. Daniel S says:

    As long as real wealth is leaving or being destroyed in societies that value human life, while those values themselves are successfully assaulted, all is going according to plan. The rest is noise until/unless it changes that.

  18. Capt. Ray says:

    A leader of a nation is yelling like the crowd… What’s new?

  19. buddhagold says:

    Sark had better watch his back now for identifying the slimeball Dimon.

    In fact in the world today, Dimon is far,far more powerful and dangerous that Sarkozy.

    By the way the daily Gold chart is rolling over as we speak and looks like a turd dropping into a big bowl. If China or somebody doesn’t come in quick and stop all this commodity ‘rebalancing’ and manipulation we will fall quicly all the way down to last July levels. Thats 6 months of a great rally gone in maybe 6 weeks.

    And Richard Russell is telling everryone to get into gold now. This is not a good sign. And Turk has been desparately attempting to cheerlead and manage opinion to hold the line as it collapses on top of him. Not good either.

    Then again, when you trade against the Government and buy gold and silver, this is what you can expect. Rigged markets, commodity regulators aiding and abetting and repeated dissappointments.

  20. Robert Mockan says:

    The people responsible need to start going to prison. Hard labor, life sentences.

  21. Capt. Ray says:

    Look can’t anyone see there is NO chain of command?!
    All that “puppet” stuff is such a hierarchy set parameters of observing.
    How about a “level playing field”. All it takes is one sheriff to do his/her job for society. Very small town local logic, imo. In other words; there are many ways to conquer. Pretty un-complicated ones too.

    Jet there is no action fromo our over lords. So it seems. Why not?
    Obstruction is a line of defense. With a positive blow back for those up front.
    How many tax laws are there? 27 million, right? Well, that’s how many per “office-hour-days” since tax was introduced? Hunders… tousends?!

  22. 8Ball says:

    Sarkozy is smart enough to save his behind and tell the people what they want to hear… He was pretty chummy with Bush but Obama has put him off. Sarko sees the handwriting on the wall for Europe and may be shifting his allegence to the Chinois and Russia.

  23. michael Sam says:

    only a madhouse can be run by the criminally insane – please join me in calling “little” Jamie and the others what they are, sick little boys with the wisdom of pre-kindergardeners despite their “success”

  24. Jayme says:

    @susan – I’m still trying to get a grasp on the notion of control and the associated sociopathology confabulated in the minds of these people. Even though these systems are often collapsed by design, it seems too clear that the level of control across a couple of generations is virtually zero. Tarpley uses the Austro-Hungarian empire as an example to show how fomenting racism to divide and conquer was used but the empire failed. They always do. So, no matter what concocted means of subversion and subjugation are employed, these actions don’t last long (historically speaking). The A-H empire only lasted a couple generations. Nonetheless, if one is living through it, it can literally be a lifetime of violence and destruction. I enjoy Tarpley – thx. As for assange, I don’t have a strong opinion but certainly don’t put it beyond the “typical” psychotic behavior of a desperately failing empire. It’s fun to conjecture, but I simply don’t know enough about the personalities and people involved in this whole fiasco.

    @Robert Mockan – I agree. Locking them up would sure return confidence. I honestly think very careful application of justice would almost immediately begin the recovery as in Iceland. It wouldn’t be easy but at least the reformative healing could begin and the continued devastation stopped. This problem isn’t some amorphous unresolvablely diffuse systemic problem. I think there are some very simple actions that would improve a great deal. These actions may not fix everything but locking them up along with some rational financial reforms would go a long way to gutting the agencies of destruction – imo.

  25. Peter Pan says:

    He is a traitor-in-chief himself. If he really believes a word he utters why won’t he issue an order to arrest the crooks and investigate their crimes? The execution tools are already tried before and ready to be used again.

  26. Mohammed/Riyadh says:

    Ken Lay was tried and sentenced to prison, so why aren’t bankers treated the same?

  27. Youri Carma says:

    Jamie Dimon, JP Morgan CEO Lashes Out Against Bank Bashing

  28. player 1 million says:

    the “leaders” got together and drew straws as to who would say something naughty to the bosses, sarko drew the short (no pun int) but he’ll be spoken to harshly and will have his legs slapped. if he meant it he’d do something about it but he wont cos he hasn’t got the power.

  29. Player 1 million says:

    It should be made clear to any boss of any telecom company prior to any revolution ” you touch that switch when the revolution succeeds you go to jail for a long time”.

  30. fayaaz says:

    This guy is no different to any other political leader!

    the only reason sarkozy i talking like this is becuase he too is scared shitless that rioting over the economic reality in france will follow on from what is happening in north africa.

    Remember there are alot of north africans, and west africans that now reside france (from colonial times). and we know all too well ho the friend love to be defiant and rebel (world cup south africa hehe)

    Sarkozy is shitting bricks cos he’s scared that tthe frence will also want some change and rightly so!

    watch out Sarkozy it wont be long before you next inline to leave the country with a ton a gold to er…….dubai? or maybe he’ got his own island somewhere?

    anyways buy silver! its cheap at the mo, buy lots! about time we bought something with real intrinsic value as opposed to peices of worthless paper.


  31. VON DEM says:


  32. Paolo says:

    Sarkozy is right but seeing as “Indignez-vous!” was a best seller over the last month i suspect he is rather speaking to placate the mood in the country.

  33. jimmy chen says:

    ze price of my croissant is astronomical…. deze fuckiing bankers are ruining my petit déjeuner,

  34. Sylvia Rogier says:

    I don’t believe that Sarkozy is a puppet of the banks and that he’s just talking to satisfy the people. I think he really means what he says. I think many European leaders – even the pro-business ones like Sarkozy – were disgusted by the banks. I could be wrong, but that’s my sense of him. He is trying to push through banking reforms – though how strong they are, I don’t know.

  35. Sylvia Rogier says:

    @ Jimmy Chen You always say things which make me laugh. If you ever come to France (to visit Max and Stacy?), please make your way to the Loire Valley, and I’ll buy you a croissant, or maybe even a pain au chocolat.

  36. Joe van Aken says:

    Oh, his just a politician, nothing more. Forget about him.

  37. Hill says:

    Sarkozy’s stage act will not save his ass from the wrath of the unemployed, workers & savers. If things go to Hell in a hand basket and Sarkozy takes an unexpected trip to Paraguay, keep your eyes on the gold in French vaults.

  38. sexton says:

    Sarkozy must not have received his cut.

    Where’s Assange with his bank documents? Aren’t they supposed to come this month?

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