Category Jamie Dimon

Thank goodness he’s safe

I know you have been as worried as I have about the fate of Jamie Dimon.  Well, you can rest easy now. Regardless of how one feels about the CEO and Chairman roles, there’s no denying that the activists picked a tough target. Dimon, despite losing some credibility over the past year as the extent […]

Poor Jamie Dimon

The shareholders have been calling for his head.  After escaping any form of blame for the largest trading loss in JP Morgan’s history, Jamie Dimon may finally be getting his come-uppance. Or will he? After what seemed like an outpouring of news regarding calls for his ouster, articles seem to be trending now in the opposite […]

Jamie Dimon is a Dick Part II: Seriously?

In the wake of the US Justice Department’s investigation of the JP Morgan trading scandal,  the Board of Director’s announced it support for Jamie Dimon even though the Board stated that Dimon had “ultimate responsibility”. It’s OK though, because they cut his salary to only $11.5 million per year.  Now he is second-to-last in terms […]

Jamie Dimon is a dick.

I’ve been saying that for years, and finally someone else has noticed.  You can’t be CEO of a bank that has a prop trading desk (a department which trades speculatively) and get away with claiming that you didn’t know that it was taking risks when it loses $6.2 billion.  Either you do know, and you’re […]