Toby Howell
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Appearances Over Time
Podcast Appearances
But in insane, like the fact that we're saying salami gate at all, in conjunction with the biggest bank in the world, just the fact that we're saying the word salami gate, and then the biggest bank in the world, it's just not a good look for JP Morgan.
Meanwhile, Jamie Dimon has said, JP Morgan is doing really well right now.
They have a lot of excess cash on their book right now.
And they say, we may be looking into an acquisition in the $20 billion range.
So you have three headlines going simultaneous right now.
Jamie Dimon saying, we want to buy something for $20 billion.
Then you have this sexual assault case.
And then you have the salami plate as well.
So just a lot of weird optics around JP Morgan right now.
I implore you to watch it.
It was the biggest explosion I've ever seen on camera.
And people were filming the explosion from their planes landing in Orlando Airport.
Imagine looking off to your right and you just see this massive fireball in the sky.
Right.
It literally was that level.
New Glenn is way behind schedule at this point because they were supposed to fly June 4th carrying 48 Amazon Leo satellites.
Amazon is so far behind in the race to create this Starlink competitor.
They need at least 24 Blue Origin launches to get up to the FCC requirement of how many satellites you need in orbit to offer internet connection to a lot of people.
So that doesn't help with that.
But the big thing here is not actually losing the rocket because you can rebuild a rocket relatively quickly in a few months these days.