The Dimon-Obama saga
Tomorrow Dimon will face his shareholders' anger and now there will be a Senate panel to talk about the losses, sure to be a picnic for all involved. Here are five questions for Dimon that remain to be asked specifically and are likely to come up.
The $2 billion dollar trading loss at JPMorgan (JPM) has kicked off a firestorm of commentary and conjecture about TBTF banks and what should be done. Many are calling for the Volcker Rule to ban proprietary trading by commercial banks and others are
Not in Jamie Dimon's world. Since it emerged that his bank, JPMorgan, has lost $2bn (so far) through placing bad bets in the financial casino, the chief executive has demonstrated considerable creativity when it comes to finding new ways to express his
Ina Drew — the JP Morgan executive who famously loves crises — is out; it seems the buck for the $2 billion trading loss in her unit has stopped with her.
Tomorrow Dimon will face his shareholders' anger and now there will be a Senate panel to talk about the losses, sure to be a picnic for all involved. Here are five questions for Dimon that remain to be asked specifically and are likely to come up.
Posts Related to The Dimon-Obama saga
Jamie Dimon put in the rough
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Jamie Dimon's Folly: Shareholders Over Customers
A spokesman for JPMorgan Chase declined to comment on the lawsuits, which were filed in US district court in Manhattan, days after chief executive Jamie ...