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☆ Yσɠƚԋσʂ ☆@lemmy.ml to US News@lemmygrad.mlEnglish · 2 years ago

Jamie Dimon and Nine of His Top Executives at JPMorgan Chase Have Dumped Over $150 Million of their JPMorgan Stock in Last Two Months

wallstreetonparade.com

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Jamie Dimon and Nine of His Top Executives at JPMorgan Chase Have Dumped Over $150 Million of their JPMorgan Stock in Last Two Months

wallstreetonparade.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to US News@lemmygrad.mlEnglish · 2 years ago
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By Pam Martens and Russ Martens: February 26, 2024 ~ According to Form 4 filed with the Securities and Exchange Commission by corporate insiders, ten of
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  • Shrike502@lemmygrad.ml
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    2 years ago

    But why?

    • JohnBrownsBussy2 [she/her, they/them]@hexbear.net
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      2 years ago

      Either the banking crisis that’s been predicted over the past year due to high interest rates and bad debt, or perhaps there’s more that will come out about how JPMorgan Chase directly facilitated Jeffery Epstein’s operation in the Virgin Islands.

      • Shrike502@lemmygrad.ml
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        2 years ago

        Thanks!

      • ☭ Comrade Pup Ivy 🇨🇺@lemmygrad.ml
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        2 years ago

        Both? Can we have Both… I feel like we are going to get both…

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      2 years ago

      They have a lot of insider info we don’t have access to. However, there are a lot of publicly available indicators pointing to a looming crisis. For example, bad property debt exceeds reserves at largest US banks and this might lead to a similar crash that we saw in 2008 due to subprime mortgage delinquencies. https://archive.ph/snNkw

    • 陆船。@lemmygrad.ml
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      2 years ago

      It’s part of a 10b5-1. Was it premeditated months in advance? Do they just need a quarterly hit of cash to make payments on their yachts? Who is to say?

      • Shrike502@lemmygrad.ml
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        2 years ago

        Thanks!

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