‘Indensible JPMorgan’s us$ billion loss’, says CEO Jaime Dimon

If the multi-billion dollar loss in casino hedging put the spot light on JPM’s CEO Jaime Dimon in the laser heat of criticism and congressional enquiry, should not the man who said ‘it’s a tempest in a teapot?’ when his underlings warned him of massive losses, resign?

Well, he won’t. He will cling to power and privilege unless institutional investors force his hand or the government proves he’s incompetent.

 

If Dimon had any shred of shame, he would take full responsibility for the us$ billion losses and step down!

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