Jamie Dimon

speaker
1,379 appearances 70 recordings 17 series first heard Sep 2024 last heard 16 Jul

Jamie Dimon’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
25 · Jan OctJan 26AprJulnow

Recordings per month over the last 12 months — 54 in all, peaking in Jan 2026 with 25.

Appearances

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We educate people on it.
We just do.
But it is, you're talking about grids and communications companies and water and even part of the military establishment.
The protections are not what you need if we ever get any kind of war where cyber is involved.
And China is very good at it.
And so is Russia, but Russia is mostly criminal, which is slightly different.
So Silicon Valley Bank, both Silicon Valley Bank did some very good stuff.
But they both had something unique that we didn't know at the time.
I'm gonna call them concentrated deposits.
Not uninsured, because people are misstating that, concentrated.
And so a lot of venture capital, and what happened with Silicon Valley Bank and kind of First Republic is some of these large venture capital companies
call them their hundreds of them, maybe a thousand, told their constituent clients that they invested in, who all banked at Silicon Valley and First Republic, the banks aren't safe, get out.
And they all removed their deposits.
And Silicon Valley Bank, I think they had 200 billion in deposit, 200 billion, 100 billion in one day.
And that caused the problem.
But they also had other problems.
They didn't have proper liquidity.
They didn't have their collateral posted to Fed.
And they had taken too much interest rate exposure.
And the interest rate exposure was hidden by accounting.
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