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JP Morgan Executive Avoids Hong Kong Quarantine Rules Because He Runs “a Very Huge Bank”

by Luke Perry
16 November 2021 2:49 PM

The Chief Executive of JP Morgan, Jamie Dimon, entered Hong Kong without following the territory’s mandatory 21-day hotel quarantine law. Carrie Lam, the current Chief Executive of Hong Kong, mentioned that the reason for Dimon’s lenient treatment was because he manages “a very huge bank” with “key business in Hong Kong”. The Guardian has the story.

Dimon flew into Hong Kong on Monday on JP Morgan’s private jet, becoming the first Wall Street bank boss to visit the territory or mainland China since the pandemic began.

Questioned about why Dimon was allowed to enter the territory without complying with Covid rules, Lam said: “The justification is related to the economy, as this is a very huge bank with key business in Hong Kong. He needed to come and work for about a day in Hong Kong. But there are restrictions, including restrictions over his itinerary, so the risk is completely manageable.”

Hong Kong is pursuing a zero-Covid strategy alongside China, and has imposed some of the world’s strictest travel rules to keep the virus out. Measures include mandatory hotel quarantines of three weeks for any resident returning from the U.K. or U.S., regardless of vaccination status, followed by seven days of self-monitoring. Tourists and most non-resident visitors are banned from boarding flights to the city.

During his visit, Dimon told Bloomberg that the strict quarantine policy “does make it harder” to attract and retain talent in the territory. The local American Chamber of Commerce said in May that 40% of its members were considering leaving the territory because of the restrictions.

JP Morgan said Dimon would spend only 32 hours in Hong Kong, and the visit was to thank staff for their hard work during the pandemic and hold meetings with regulators.

Worth reading in full.

Tags: Hong KongQuarantine HotelsRule of Law

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27 Comments
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Cristi.Neagu
Cristi.Neagu
3 years ago

Further proof that this is all about controlling us so that the rich can go wherever they want without bumping into plebs all over the place.

82
0
Hester
Hester
3 years ago

He is Elite don’t you realise that? he is so much more impotant than us plebs, Know your place just pay your taxes so they can live off you like the parasites they are.

64
0
Jess
Jess
3 years ago
Reply to  Hester

“Impotent”.
Small but significant typo I presume.

5
0
Norman
Norman
3 years ago
Reply to  Jess

If only that were the case, but these bu**ers want to pass their riches on to their offspring.

9
0
Fingerache Philip
Fingerache Philip
3 years ago

Nuff said!!

16
0
SJR
SJR
3 years ago

“All animals are equal, but some animals are more equal than others.”

34
0
Rogerborg
Rogerborg
3 years ago

I’m left wondering what work was so vital that he had to fly in to do it in person, but only took one day.

Aside, does anyone know the cargo capacity of a Gulfstream G650, expressed in sacks of gold?

31
-1
steve_z
steve_z
3 years ago
Reply to  Rogerborg

yes, or telling someone something (or hearing from someone) that there couldn’t be an electronic or paper trail for

ie backhanders/corruption/you scratch my back etc

anything else can be done on zoom

19
0
NotAtHomeToday
NotAtHomeToday
3 years ago
Reply to  Rogerborg

About £130 Million at todays price. Only about 33 gallons of gold though.

0
0
Backlash
Backlash
3 years ago

Well that’s my ready made excuse for not ever quarantining. Don’t you know I run a massive bank? Get out of the way peasant.

35
0
iane
iane
3 years ago
Reply to  Backlash

Well, I can tell you, I really DO have a large bank (at the far end of my garden)!

9
0
Norman
Norman
3 years ago

And yet even Santa had to prove his Covid status to get into the Tesco ad.

36
0
Backlash
Backlash
3 years ago
Reply to  Norman

The only miracle there is that he wasn’t black like everyone else on TV ads is now.

48
-2
Norman
Norman
3 years ago
Reply to  Backlash

i am running a competition with my friends to see who spots the first one, but maybe that is one step too far for even wokey-blokeys.

13
0
Rogerborg
Rogerborg
3 years ago
Reply to  Norman

I think Kwanzaa involves the veneration of Saint George.

3
0
TheyLiveAndWeLockdown
TheyLiveAndWeLockdown
3 years ago
Reply to  Norman

Zwarte Piet on ads?

0
0
steve_z
steve_z
3 years ago

banking is simple

you borrow money at one timescale and lend at another

make money off the interest rate difference

what these people do is investment banking. convince you they are clever then invest your money. take a cut whether you win or lose. shysters

16
0
CynicalRealist
CynicalRealist
3 years ago
Reply to  steve_z

Don’t forget also packaging debts up into incomprehensible financial instruments to hide the risk!

6
0
paul smith
paul smith
3 years ago

“Money talks, virus walks”

10
0
Nymeria
Nymeria
3 years ago

Rules for thee but not for me.

11
0
hurleyp
hurleyp
3 years ago

Hong Kong was the birthplace of HSBC, a competitor to JP Morgan. It would have been fun to watch Hong Kong quarantine the head of a competitor “for health and safety reasons” for, say, several weeks. 😉 A missed opportunity!

3
0
gone_loopy
gone_loopy
3 years ago

Rich person avoids rules, as old as history

Last edited 3 years ago by gone_loopy
7
0
LonePatriot
LonePatriot
3 years ago

There is an ivermectin panic on the big tech and MSM right now. Massive articles from MSM on Ivermectin trying to push a danger narrative and also negative press on Americans Frontline Dr’s, again, to keep the Covid narrative alive. Just go to the Goog and type ivermectin then look at all the panic news articles. We are over the target. Big-Pharma is panicking. This medicine has been widely used by humans without any problems for 40 years. It’s inventor won a Nobel Prize after 20 years of successful use and after 100 million people were cured of a broad spectrum of problems without any side effects. Get your Ivermectin while you still can! https://ivmpharmacy.com

8
-3
Arum
Arum
3 years ago

Our PM would be OK then, he’s always been a great big banker

7
0
cloudster
cloudster
3 years ago

Nice. One rule for me, one rule for thee.

2
0
mojo
mojo
3 years ago

In other words the NWO working with China is breaking down HK. the thousands of entrepreneurs who live and work there will gradually go bankrupt and only the big China affiliated banks will be allowed to survive. Taiwan will also be totally controlled by CCP within the next couple of years and Tibet will be completely broken. This is Communism taking over and many of our own Globalists want this system in the West.

7
-1
Banjones
Banjones
3 years ago

Amazing, isn’t it, that this virus has the intelligence to avoid infecting Very Important Persons (or very rich ones)?

2
0

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