I just sent this e-mail to Kaye Houston from the JP Morgan Investor Relations Team.
She never provided a valid response to my last inquiry, a copy of which can be found in post # 55218, so I deemed it necessary to send her one final message.
Enjoy!
Good Evening Kaye.
I must say I am very disappointed that I never received a phone call or an electronic response that answered my question regarding how much more JP Morgan thinks they will have to pay for the WaMu assets they acquired from the FDIC. I am also disappointed that I never received a response to my inquiries regarding what I consider to be fraudulent statements made by Mr. Jamie Dimon on the January 15, 2009 Conference call that seemed to contradict the January 22nd court filing by JP Morgan in the Washington Mutual Inc case. I was hoping that you would be able to provide a valid response to my inquiries that suggested that either Mr. Dimon's statements made on the January 15, 2009 conference call were misleading and fraudulent , or that the January 22nd court filing was misleading and fraudulent. Apparently I was naive to think that a valid response would be provided.
I feel that it is very disrespectful of you to simply ignore my inquiries. I also feel that by failing to respond to my inquiries, you are sending a message that either you do not feel that the issues I addressed in my last correspondence are important, or that you simply can not provide a valid argument against what I have claimed. This is the same disrespect that Mr. Jamie Dimon has for his own investors, the American Public, the Global Community, and
the Rule of Law. It is truly disheartening and disgusting to think that Mr. Jamie Dimon has such disrespect for the same Rule of Law that American Soldiers are currently risking their lives to defend.
It is still my opinion that either the statements made by Mr. Jamie Dimon on the January 15, 2009 conference call were fraudulent and misleading, OR that the January 22nd court filing submitted by JP Morgan was fraudulent and misleading. I feel that Mr. Jamie Dimon owes his investors an apology for misleading and lying to them , and I also feel that he needs to tell the whole truth about the uncertainty underlying the effect that the WaMu acquisition will have on JP Morgan's earnings and the whole truth about why the uncertainty exists.
I understand that by doing so, Mr. Dimon would be admitting that he fraudulently misled investors, however, not wanting to admit guilt is no reason to continue to lie to his investors and the American Public.
I also understand that if Mr. Jamie Dimon decided to admit that he lied and decided to tell the truth, that this would not bode well for JP Morgan's image, however, I feel that admitting that he lied and deciding to tell the truth is the fair and just thing for him to do.
I feel that I have given you more than ample time to provide a valid response to my inquiries, but you have made it clear that you will not be providing a valid response. I also feel that failing to respond to my inquiries is a huge mistake.
Please be advised that I have already been in contact with certain news organizations sharing my thoughts on these issues, so do not be surprised when individuals of greater stature than myself begin questioning you about these issues. Please be advised that I am providing a copy of this correspondence to The United States Department of Justice , and I will also be contacting the SEC regarding what I consider to be very serious wrong-doings committed by Mr. Jamie Dimon. These are only a few organizations and agencies that will be informed of this fraud, and please be advised that this is only one example of fraudulent behavior that Mr. Jamie Dimon has participated in.
I would recommend that you share this e-mail with the rest of your investor relations team, your legal team, your Board of Directors, and when the time is right, Mr. Jamie Dimon himself. I would recommend removing Mr. Jamie Dimon from his position as the CEO of JP Morgan so that he does not cause any further harm to his investors, the American Public, and the Global Community.
I also suggest that if you receive similar inquiries in the future, you have enough respect to provide valid responses to those inquiries.
If Mr. Dimon thinks that he can say whatever he wants, whenever he wants, to whomever he wants, with complete disregard for Ethics and The Law, and without repercussions, I am here to inform him that he is mistaken.
It is my firm belief that Mr. Jamie Dimon should be ashamed of himself, and that he is destroying the name and reputation of JP Morgan. Mr. Dimon still has time to apologize and tell the truth on his own terms before the media starts telling the truth on their terms.
I wish you , JP Morgan, and Mr. Jamie Dimon the best of luck in the future.
Have a great night and a great first quarter!
Sincerely,
M____ S_______
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