What Do Jamie Dimon’s Cufflinks Tell Us About the Financial-Industrial Complex?

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JPMorgan Chase CEO Jamie Dimon testified before Congress today about his bank’s gigantic trading losses a few weeks ago, and the gist of his testimony was — well, something or other. Basically, nobody laid a glove on him, and Republican senators in particular practically genuflected in his presence. No sir, nobody’s thinking about regulating you any more than you already are! Wouldn’t dream of it!

Or something like that. But the real news that has the chattering classes chattering was Dimon’s fashion accessorizing. It seems that he was wearing presidential cufflinks, and nobody thinks this was just an offhand decision as he dashed out of his mansion this morning. But the question is, what message was he trying to send? There are several possibilities:

  • Don’t fuck with me. The president has my back.
  • Give it up, GOP. I still support Obama no matter how much you suck up to me.
  • Hey Obama. See these? Don’t take them for granted.

But maybe he meant something else entirely. We need to engage in some Dimonology here. Help me out.

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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