At House Hearing, JP Morgan Chief Jamie Dimon Evades Simple Question: Janitor to Dimon: Why Do You
Source: Reuters
Deny the People Cleaning Your Buildings a Living Wage?
WASHINGTON, June 19, 2012
Rep. Green (D-TX) Raises Plight of Janitors, Says "Too Small to Live Off"
WASHINGTON, June 19, 2012 /PRNewswire-USNewswire/ -- The following is being released by the Service Employees International Union:
Earlier today, following JP Morgan Chase CEO Jamie Dimon's testimony in front of the House Financial Institutions and Consumer Credit Committee regarding his company's recent massive banking loss, Adriana Vasquez, a janitor who cleans the JP Morgan Chase tower in Houston, Texas confronted him with a simple question: "Despite making billions last year, why do you deny the people cleaning your buildings a living wage?"
Dimon evaded Adriana's question but told her to, "Call his office," to arrange a meeting.
Each night, Vasquez cleans 24 bathrooms across 11 floors in the JP Morgan Chase tower in downtown Houston. "I work hard each and every day scrubbing 24 bathrooms just to support my children, to keep food on the table and a roof over my head but it still isn't enough," explained Vasquez. "I traveled to Washington, DC to confront Jamie Dimon because it is not acceptable that while he makes billions, he denies the people cleaning his buildings a living wage."
Read more: http://www.reuters.com/article/2012/06/19/idUS182160+19-Jun-2012+PRN20120619
Dimon is afforded exclusive access to all people political - not so for most Americans.
truedelphi
(32,324 posts)"Dimon is afforded exclusive access to all people political - not so for most Americans," is a bit mild.
The truth is, Dimon owns 99% of those of the Political Class. Including the guy sitting in the Oval Office, who uses the same phrases of closeness regarding Dimon that he often showers on Tim Geithner.
sad sally
(2,627 posts)give this as part of an answer to Congresswoman Waters:
"Lobbying is a constitutional right and we have a right to have our voice heard," Dimon said.
sad sally
(2,627 posts)The boss of one of America's biggest banks has been snapped wearing a set of presidential cufflinks, prompting speculation that they were a gift from President Barack Obama.
JPMorgan Chase CEO Jamie Dimon was sporting the cufflinks, emblazoned with the seal of the President of the United States, at a senate banking committee hearing on Wednesday.
One of Wall Street's wealthiest fat cats, Mr Dimon is believed to have a good relationship with Mr Obama, having visited the White House 16 times and the President on at least three of those occasions.
Read more: http://www.dailymail.co.uk/news/article-2160340/JPMorgan-Chase-CEO-Jamie-Dimon-wear-presidential-cufflinks-prompting-speculation-gift-Obama.html#ixzz1yH0GG4YK
Cufflinks: JPMorgan Chase CEO Jamie Dimon was sporting Presidential cufflinks at a senate banking committee hearing on Wednesday
Flint Stone
(29 posts)The financial sector is a government sponsored criminal organization.
sad sally
(2,627 posts)What Dimon did not say, however, was that JPMorgan Chase continues to get loads of free government money -- probably $14 billion per year, according to number-crunching by Bloomberg, based on an International Monetary Fund study. Bloomberg's editors write:
"The money helps the bank pay big salaries and bonuses. More important, it distorts markets, fueling crises such as the recent subprime-lending disaster and the sovereign-debt debacle that is now threatening to destroy the euro and sink the global economy."
Fourteen billion dollars? That's a lot of cufflinks! The number is based on an IMF estimate of the benefit JPMorgan gets in the bond market from the assumption that the government will make JPMorgan's creditors whole in the event of another financial catastrophe.
The IMF figures that big banks pay about 0.8 percentage points less in interest to borrow, compared with ordinary mortal banks that have the misfortune of not being too big to fail. That lower interest rate translates into about $76 billion per year for the 18 biggest U.S. banks, Bloomberg writes, of which JPMorgan's share is $14 billion. Fun fact: That $76 billion is more than enough to pay for the $30 billion in extended unemployment benefits that are set to expire at the end of the year. But who's counting? Aside from the unemployed, I mean?
This figure does not include the $12 billion windfall JPMorgan and other big banks are expected to get from the government's HARP refinancing program -- which, again, JPMorgan is only taking advantage of for the good of the country.
http://www.huffingtonpost.com/2012/06/19/jpmorgan-chase-government-subsidy_n_1608859.html?utm_hp_ref=fb&src=sp&comm_ref=false#sb=28366,b=facebook
CrispyQ
(36,464 posts)"The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery..." Zappa
catchnrelease
(1,945 posts)I have it typed out and posted on the magnetic bulletin board above my work table. Sadly, I think you are right..the scenery is coming down. They don't even want to spend the money on the illusion any more.
Blue Owl
(50,374 posts)Hugabear
(10,340 posts)I'm sure the likes of Hannity and other RW propagandists are already hard at work trying to vilify this poor woman. How DARE she question her Imperial Corporate Overlord?
flpoljunkie
(26,184 posts)We can, and should do better in this, the richest country in the world.
sad sally
(2,627 posts)Rep. Maloney, who represents the district in which Dimon resides, accused JPMorgan of "sending" jobs to London to which he responded that the company follows its customers and the time difference provided some benefit in operating there.
alfredo
(60,071 posts)shcrane71
(1,721 posts)That's what people who are privileged always say. It's as if no one else works hard... only they do.
1StrongBlackMan
(31,849 posts)Is corportate speak for, "You're Fired."
TroglodyteScholar
(5,477 posts)It's priveleged-speak for "let's find a way to make this go away."
They think they can buy anything or anyone.
1StrongBlackMan
(31,849 posts)They only have to buy those they can't fire.
Response to sad sally (Original post)
Post removed
sad sally
(2,627 posts)If yes, good for you for doing twice as many for less money.
If not, give it a try. Cleaning toilets usually includes the wall and floors around the toilets, sinks, mirrors, towel holders and waste receptacles - shit and piss aren't always in the toilets.
freshwest
(53,661 posts)I never had to clean one, but I used a lot of them. Not like cleaning up one at a smaller business.
Edit: Thanks MIRT for flushing the troll.
When was the last time you were in a public bathroom with numerous stalls? I couldn't clean some of those pigsties in twenty minutes, let alone at a twenty minute per rate for eight hours.
And to add on to what the other replyer said, piss is generally always on the floor as well. Let's say there are five stalls plus sinks, you're saying you can clean a toilet, floor, and walls in the stall in about a minute and a half. Not to mention replacing the toilet paper and paper towels.
I think not.
your assumption of five stalls is not reasonable ... some have two, some have four, some have just one, and yes, some do have more, but where i work, none have as many as five. and. the walls don't necessarily neeeeeeeeeed to be cleaned every day. same thing for the sinks. tp needs to be replaced only when it's "out". same thing for the paper towels. and not all facilities use paper towels, some use those hot air hand driers. i think you should spend some time in the shoes of those you accuse before you open your mouth next time.
I've been a maid.
You apparently work in a small office with a few employees who don't mind using facilities with their coworkers dirt. Walls do need to be cleaned, (esp. in the men's room), sinks are always cleaned, that's part of the job requirements. Heck, in any sizable business the entire floor is washed every evening, and I didn't even count that. The mirror will be cleaned. Trash is emptied and a new liner put in the trash bins. Toilet paper has to be stocked even if only one roll is out.
Try maintaining a restroom the way you describe at JPMorgan and you'd last one day.
frylock
(34,825 posts)SammyWinstonJack
(44,130 posts)stagnant.
Dumb sob is part of the problem and doesn't get it.
Flint Stone
(29 posts)That thinks stealing peoples retirements and homes while sitting on your ass in New York is actual "work".
truthisfreedom
(23,147 posts)Rain Mcloud
(812 posts)"I'm so tired of all this talk of poor people in the liberal media!"
Kablooie
(18,634 posts)It's bizarre that these super wealthy corporations rely on the government to supplement their employee's salaries in order to make a living wage.
They force people into taking food stamps and welfare and then complain that the government gives out food stamps and welfare.
Basically it's just another way they've scammed the taxpayers into donating more money to the super rich.
Javaman
(62,530 posts)Madmiddle
(459 posts)That was and is why royalty needs to be put into the past, call my office to arrange a meeting.
Dimon fears the truth brought to him by a janitor, someone that actually earns his living, unlike wallstreeters, senators, congressman and whoever else makes more money than a wage earner.
People have power over this so called royalty in shear numbers alone. Time to use it.
Festivito
(13,452 posts)raouldukelives
(5,178 posts)Stumble over each other to kiss his ring and bask in the gaze of the Mitts and Dimons of this world. Watching people like this asshole being adored by my "leaders" makes me almost physically ill. If that doesn't you can be assured something the stock market has produced probably will at some point. Kill the land, poison the people, keep most of the profits, share a little with all the helpers willing to lend some money towards those ends. The fractured millions who believe all the bullshit they wrap themselves up in daily to protect themselves from the responsibility for sharing the profits of crimes against nature & humanity. Being silent little lackeys carrying the water pails and whistling happy tunes as they toil for their corporate overlords.
eaglesfanintn
(82 posts)Senators was from my state...
Sen Corker: <slurp>Mr. Dimon, what do you think we should do? <slurp, slurp>
Dimon: Cup the balls a bit, thanks.
MADem
(135,425 posts)evilhime
(326 posts)so he can arrange to have her fired for daring to ask him the question . . . someone needs to follow her employment from this point forward.