infinity ag said:

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Nice.
I love it when a slimy CEO gets sued. That too by the most powerful man in the world.

Poor Dimon. He called himself a "globalist" yesterday hoping to finagle himself into being able to hire more H1Bs from his "global talent pool" and today Trump sues him.

#FAFO
#DontMessWithTrump
#KillWOKE

Trump sues JPMorgan, Dimon for $5 billion over alleged debanking
https://finance.yahoo.com/news/trump-sues-jpmorgan-dimon-5-172202809.html

Quote:

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(Bloomberg) President Donald Trump sued JPMorgan Chase & Co (JPM). and its Chief Executive Officer, Jamie Dimon, for at least $5 billion over allegations that the lender stopped offering him banking services for political reasons.
The complaint, filed in Miami-Dade County state court, accuses the bank of trade libel and breach of implied covenant of good faith and fair dealing. It also claims Dimon violated Florida's Unfair and Deceptive Trade Practices Act. JPMorgan didn't immediately return a call seeking comment.

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Quote:

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Trump said in August that banks had discriminated against him in the past. JPMorgan had asked him to close accounts he held for decades within 20 days, he said in a CNBC interview at the time. JPMorgan has denied rejecting business on ideological grounds.

Trump has singled out JPMorgan repeatedly in his push to stamp out what he sees as banks refusing to provide financial services to customers for ideological reasons. The biggest US bank disclosed in November that it's facing reviews, investigations and legal proceedings tied to the Trump administration's fight against "debanking."

With assistance from Hannah Levitt.

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You had me at slimy CEO getting theirs.

Sounds like free market capitalism to me. That's bad in this case?

AtticusMatlock said:

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Agree with this sentiment. Dimon had the nerve to criticize Trump and he's paying the price.

He's a sleazeball but this just seems like getting back at a guy who won't bend the knee.

As someone who agrees with about 95% of Trump's policies I wish he would just focus on those things instead of all of the personal stuff.

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Actually, while I'm no fan of Dimon personally, I very much support Trump (along with any other conservative this happened to) suing the hell out of this bank and any others committing this action, or supporting it.

In addition to a large portion of Dems joyously happy when anyone who thinks differently is murdered, they also appear to be quite gleeful when ANY benefit, right, or freedom, is taken away for political reasons.

If you have your eyes open, this will happen to more Americans when the power is regained.

Hatred is possibly the most powerful emotional drug around, and the entire Dem party is loaded with it, runs on it, and publicly executes it when they're in power.

Since Obama acquired power, especially during Biden's presidency, many conservatives had the freedom to place funds in lending institutions removed.

This isn't difficult to understand. Dimon knew exactly what he was doing. He's a hell of an executive and runs a damn good bank, but he should be excoriated for this tactic.

It is kinda funny that he has more employees in Texas than in New York.

So heartening to see many posters come out against a big CEO like Dimon. I remember a couple of years ago when I posted something like this, there was blind support for him and crooks like him. The change in mood is evident.

I don't want people to believe me blindly either. I just request people to think for themselves and make their own decision. Not parrot some radio talk show guy or some paid off propagandist.

America First.

annie88 said:

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I keep most of my stuff in Fidelity, but I do still have checking through Chase.

It's just crazy in my lifetime that you're having American companies literally do things based on a person's beliefs or who they support politically.

I mean, I'm sure over history either have been some pretty messed up things but in this day and age it's pretty damn weird. Messed up.

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CANADA SAYS HOLD MY BEER!!

Ag CPA said:

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Captain Pablo said:

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Ag CPA said:

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Trump's mad because Dimon pointed out what a stupid idea his 10% credit card rate scheme was.

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Trump's fight against ideological debanking long preceded his 10% interest suggestion

Dimon made his statement when, yesterday?

Seriously, what's wrong with you?

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Dimon made the statement a week ago.

Two days later, over the weekend ,Trump said he would sue, see a pattern?

It's well known that most MAGA's aren't financially literate but I'm amazed by how much of it shows on this board, many of those with Ag tags no less.

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Ah. Trump threw the lawsuit together over the weekend response to, and because of, a statement made a couple days earlier

Yeah right

Then again, liberals like you are pretty much illiterate about everything. So it checks out

EDIT - from what I've seen, Dimon's statement was made 01/21. Trump sued 01/22

Do you think there were no plans to Sue prior to January 21? And that everything was thrown together and filed on the 22nd, solely in response to Dimon's statement the day before regarding the 10% interest cap?

nm

I misunderstood

Yes, there's no doubt this lawsuit has been in the works for a long time.

Whether it was because Trump was mad at remarks, or he feels as though he was genuinely damaged by the de-banking decision, only he knows

I'm not gonna assume he just did this out of spite. I think he genuinely felt he was damaged, which he was

Why does it matter when he decided to sue?

All that matters is that Dimon goes to jail for a loooooong time. If that happens, you will see all the other CEOs get the message and behave themselves.

I don't care if he is fined or not, but jail time for the C levels is absolutely needed. A fine means nothing, he can grift some more, layoff 100000 more people "because of AI" and make the fine money back. But he won't get his time back. He is almost 70, you put him away for 10 years and he is 80 and he is ready to wave goodbye.

infinity ag said:

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Why does it matter when he decided to sue?

All that matters is that Dimon goes to jail for a loooooong time. If that happens, you will see all the other CEOs get the message and behave themselves.

I don't care if he is fined or not, but jail time for the C levels is absolutely needed. A fine means nothing, he can grift some more, layoff 100000 more people "because of AI" and make the fine money back. But he won't get his time back. He is almost 70, you put him away for 10 years and he is 80 and he is ready to wave goodbye.

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Regarding your hate for CEOs, you know they work for someone as well, no? And in theory those guys are theoretically accountable to the company owners.

That setup makes it very very difficult to have a system where the CEO of a public company is ever going to be held criminally accountable. Sarbanes-Oxley attempted this but outside of being used to jail Jan 6ers then the law has not been as effective at curtailing bad behavior by company executives.

Also, are you alleging a particular law Dimon broke or just general CEOs are bad and should be in jail cause they make too much money and layoff my friends and I think they hire to many H1-Bs?

flown-the-coop said:

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infinity ag said:

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Why does it matter when he decided to sue?

All that matters is that Dimon goes to jail for a loooooong time. If that happens, you will see all the other CEOs get the message and behave themselves.

I don't care if he is fined or not, but jail time for the C levels is absolutely needed. A fine means nothing, he can grift some more, layoff 100000 more people "because of AI" and make the fine money back. But he won't get his time back. He is almost 70, you put him away for 10 years and he is 80 and he is ready to wave goodbye.

---

Regarding your hate for CEOs, you know they work for someone as well, no? And in theory those guys are theoretically accountable to the company owners.

That setup makes it very very difficult to have a system where the CEO of a public company is ever going to be held criminally accountable. Sarbanes-Oxley attempted this but outside of being used to jail Jan 6ers then the law has not been as effective at curtailing bad behavior by company executives.

Also, are you alleging a particular law Dimon broke or just general CEOs are bad and should be in jail cause they make too much money and layoff my friends and I think they hire to many H1-Bs?

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There is a lot "in theory", which means that we hope it works but in reality it doesn't (and we don't want to know that it doesn't). CEO and Boards scratch each other's backs. They are on each other's boards and are a nice clique. Like Congress. Everyone is helping each other screw the American people. How else is Aunt Nancy making all her insider trading money?

Solution? I don't know. I don't think any solution will be fool-proof so the rules would have to be updated. What I do know is these guys are all liars and making money by screwing us "legally". It is probably in this case that he got overconfident, slipped up and Trump's taken a boot to his ass.

Ag CPA said:

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Captain Pablo said:

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Ag CPA said:

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Trump's mad because Dimon pointed out what a stupid idea his 10% credit card rate scheme was.

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Trump's fight against ideological debanking long preceded his 10% interest suggestion

Dimon made his statement when, yesterday?

Seriously, what's wrong with you?

---

Dimon made the statement a week ago.

Two days later, over the weekend ,Trump said he would sue, see a pattern?

It's well known that most MAGA's aren't financially literate but I'm amazed by how much of it shows on this board, many of those with Ag tags no less.

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Oh my God, what a crock of *****

We MAGAs do fine in the financial industry. In fact, way better than most dumb ass Democrats.

Ironic post talking about who's the idiot.

Boy, that irrational hatred does run deep.

I'm still laughing.

It doesn't matter when Trump sues, or does anything for that matter, all they see is Trump did it so they hate it. These aren't bright people.

Arrest CEO Jamie Dimon and lock him up!

JPMorgan concedes it closed Trump's accounts after Jan. 6 attack
https://www.chicagotribune.com/2026/02/21/jpmorgan-trump-jan-6-attack/

Quote:

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NEW YORK JPMorgan Chase acknowledged for the first time that it closed the bank accounts of President Donald Trump and several of his businesses in the political and legal aftermath of the Jan. 6, 2021 attacks on the U.S. Capitol, the latest development in a legal saga between the president and the nation's biggest bank over the issue known as "debanking."

The acknowledgment came in a court filing submitted this week in Trump's lawsuit against the bank and its leader, Jamie Dimon. The president sued for $5 billion, alleging that his accounts were closed for political reasons, disrupting his business operations.

"In February 2021, JPMorgan informed Plaintiffs that certain accounts maintained with JPMorgan's CB and PB would be closed," JPMorgan's former chief administrative officer Dan Wilkening wrote in the court filing. The "PB" and "CB" stands for JPMorgan's private bank and commercial bank.

Until now, JPMorgan has never admitted it closed the president's accounts in writing after Jan. 6. The bank would only speak hypothetically about when the bank closes accounts and its reasons for closing accounts, citing bank privacy laws.

A spokeswoman for the bank declined to comment beyond what the bank said in its legal filings.
Trump originally sued JPMorgan in Florida state court, where Trump's primary residence is now located. The filings this week are part of an effort by JPMorgan Chase to have the case both moved from state to federal court and to have the jurisdiction of the case moved to New York, which is where the bank accounts were located and where Trump kept much of his business operations until recently.
Trump originally accused the bank of trade libel and violating state and federal unfair and deceptive trade practices.

In the original lawsuit, Trump said he tried to raise the issue personally with Dimon after the bank sent him notices that JPMorgan would close his accounts, and that Dimon assured Trump he would figure out what was happening. The lawsuit alleges Dimon failed to follow up with Trump.

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What a crook this guy is.

infinity ag said:

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Why does it matter when he decided to sue?

All that matters is that Dimon goes to jail for a loooooong time. If that happens, you will see all the other CEOs get the message and behave themselves.

I don't care if he is fined or not, but jail time for the C levels is absolutely needed. A fine means nothing, he can grift some more, layoff 100000 more people "because of AI" and make the fine money back. But he won't get his time back. He is almost 70, you put him away for 10 years and he is 80 and he is ready to wave goodbye.

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Jail for breaking what law?

J. Walter Weatherman said:

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infinity ag said:

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Why does it matter when he decided to sue?

All that matters is that Dimon goes to jail for a loooooong time. If that happens, you will see all the other CEOs get the message and behave themselves.

I don't care if he is fined or not, but jail time for the C levels is absolutely needed. A fine means nothing, he can grift some more, layoff 100000 more people "because of AI" and make the fine money back. But he won't get his time back. He is almost 70, you put him away for 10 years and he is 80 and he is ready to wave goodbye.

---

Jail for breaking what law?

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Lawyers will work it out. Stay tuned. This will be fun.

Boomer CEO vs Boomer CEO (who is also POTUS)

infinity ag said:

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J. Walter Weatherman said:

---

infinity ag said:

---

Why does it matter when he decided to sue?

All that matters is that Dimon goes to jail for a loooooong time. If that happens, you will see all the other CEOs get the message and behave themselves.

I don't care if he is fined or not, but jail time for the C levels is absolutely needed. A fine means nothing, he can grift some more, layoff 100000 more people "because of AI" and make the fine money back. But he won't get his time back. He is almost 70, you put him away for 10 years and he is 80 and he is ready to wave goodbye.

---

Jail for breaking what law?

---

Lawyers will work it out. Stay tuned. This will be fun.

Boomer CEO vs Boomer CEO (who is also POTUS)

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So not even one law you can name as to why he belongs in prison?

Captain Pablo said:

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Ag CPA said:

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Captain Pablo said:

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Ag CPA said:

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Trump's mad because Dimon pointed out what a stupid idea his 10% credit card rate scheme was.

---

Trump's fight against ideological debanking long preceded his 10% interest suggestion

Dimon made his statement when, yesterday?

Seriously, what's wrong with you?

---

Dimon made the statement a week ago.

Two days later, over the weekend ,Trump said he would sue, see a pattern?

It's well known that most MAGA's aren't financially literate but I'm amazed by how much of it shows on this board, many of those with Ag tags no less.

---

Ah. Trump threw the lawsuit together over the weekend response to, and because of, a statement made a couple days earlier

Yeah right

Then again, liberals like you are pretty much illiterate about everything. So it checks out

EDIT - from what I've seen, Dimon's statement was made 01/21. Trump sued 01/22

Do you think there were no plans to Sue prior to January 21? And that everything was thrown together and filed on the 22nd, solely in response to Dimon's statement the day before regarding the 10% interest cap?

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Maybe he used AI to put it together?

Ag CPA said:

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Trump's mad because Dimon pointed out what a stupid idea his 10% credit card rate scheme was.

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Hope you're a better CPA than historian.

No way Dimon does a day in prison. That's not the way America works

Dimon has a duty to maximize return for shareholders.

There had to be some worry on his part that the incoming Biden Administration would put a lot of pressure on JPMC via targeted regulatory enforcement and other channels that would have harmed his business, and that's to say nothing of things like public boycotts.

All this guy cares about is money and the JPM stock price. He dropped Trump as part of a calculated move because he felt like long-term it was more profitable for the company. IMO this was not a political decision.

ErnestEndeavor said:

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Dimon has a duty to maximize return for shareholders.

There had to be some worry on his part that the incoming Biden Administration would put a lot of pressure on JPMC via targeted regulatory enforcement and other channels that would have harmed his business, and that's to say nothing of things like public boycotts.

All this guy cares about is money and the JPM stock price. He dropped Trump as part of a calculated move because he felt like long-term it was more profitable for the company. IMO this was not a political decision.

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He dropped Trump because Democrats and news outlets were howling about a "riot" and an "insurrection." He just wanted to look good to his peer group.

Is buddies with every administration, including Trump in his first term. He's not loyal to anything but whatever it takes to keep the money flowing and the government off his back. I doubt very many people in his position would have thought Trump would be back in the white house.