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HomeHigh, Hard Heat for JP Morgan’s Jamie Dimon
Posted by Larry Doyle on June 13th, 2012 9:25 AM |
Most eyes on Wall Street will be fixated this morning on JP Morgan CEO Jamie Dimon as he provides Congressional testimony and faces questioning atop Capitol Hill.
Wall Street banks may be too big to fail, too big to manage properly, and too big to understand for most financial executives.
Jamie Dimon is unlike most financial executives.
Having worked at JP Morgan Chase for six years early last decade, I personally witnessed Dimon’s amazing level of detailed insight and analysis on more than one occasion. Do not think for a second that he was not fully aware of each and every exposure within JPM’s chief investment office. Impossible you think? (more…)
JP Morgan’s Irv Goldman Thrown “Under the Bus”
Posted by Larry Doyle on May 21st, 2012 7:42 AM |
I first heard the phrase “he got thrown under the bus” when working at Union Bank of Switzerland in 1997.
Perhaps I was not listening carefully enough earlier in my career to detect just how management on Wall Street conveniently finds scapegoats during challenging times. I hated that phrase then and throughout my time on Wall Street. Why? (more…)
