This post first ran on BaselineScenario. More than a year ago, we published this piece from the Stanford finance expert Anat Admati in which she presciently warned of the dangers of continuing to tolerate high levels of
Today's Meet The Press PR damage control campaign orchestrated on behalf of Jamie Dimon by the fawning press was just another attempt at redirection, in which a faux contrite Jamie Dimon promises that as a result of
Fun as it may be to beat up on the arrogant Jamie Dimon for the $2 billion-plus derivatives fiasco at JP Morgan Chase, this is like blaming the lion that ate the kid who got too close to its cage at the zoo, rather than going after the guy who allowed
JPMorgan Chase boss Jamie Dimon appeared on NBC's Meet the Press and owned up to his company's mistakes following the disclosure of its $2 billion loss. “We made a terrible, egregious mistake and there's almost no excuse for it," Dimon said.
This post first ran on BaselineScenario. More than a year ago, we published this piece from the Stanford finance expert Anat Admati in which she presciently warned of the dangers of continuing to tolerate high levels of