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HomeJamie Dimon: The King and His Court
Posted by Larry Doyle on May 22nd, 2013 5:06 AM |
Little surprise that Jamie Dimon will remain as both CEO and chairman of JP Morgan.
Was there really any doubt? There wasn’t.
While shareholder groups might pretend they can exert influence over the management of large corporations and especially banks, there is little meaningful resemblance to a democratic process in proxy voting.
Disgruntled individual shareholders can try to rally the troops and force change, but with an institution such as JP Morgan, who really carries the weight? (more…)
