Submitted by Tyler Durden on 06/13/2012 08:49 -0400
Jamie Dimon
In about an hour's time, Jamie Dimon will sit down before the Senate Banking Committee and prove, once again, not only who is smarter and calls the shots in the great Wall Street-D.C. soap opera, but that when it comes to purchasing a room full of senators (not to mention the script for today's "hearing"), JP Morgan is always at the top. Because as the following table compiled using OpenSecrets data, it cost JP Morgan just under $1 million, or $877,798.00 to be precise in lifetime campaign contributions, to buy itself precisely one Senate Banking Committee. And where it gets really fun is that between the Chairman, Tim Johnson (D - SD), and the ranking member Richard Shelby (R - AL), JP Morgan has been the top and second biggest campaign contributor, respectively. Also, 9 (at least) of the total 22 members of the committee have received some form of bribe from JPM over the years.
One wonders: will the shrillness and idiocy of the questions by the Senators be proportional to how much money JPM has given them over the years? If so, expect Schumer to have the most crony muppet line of questioning we have ever seen him take.
Now sit back, grab a popcorn, and watch as the bribees pretend to interrogate their paymaster.
http://www.zerohedge.com/news/cost-best-senate-banking-committee-jp-morgan-can-buy-877798-bribes?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
francis_sawyer
francis_sawyer's picture
kangaroo court... & these 'kangaroos' have some phat assed pouches to stuff...
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Wed, 06/13/2012 - 09:20 | 2521163 Arthor Bearing
Arthor Bearing's picture
A first-world country with a truly fair and representative governent would force senators with a conflict to recuse themselves. Here they get to head the investigation.
Roger O. Thornhill
Roger O. Thornhill's picture
Any senator with an ounce of shame would recuse themselves.
What is more disturbing is how little they sell out for - they are, apparently, cheaper than crack whores.
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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