Were they talking about millions? Or billions? Whatever. It’s only other people’s money, so what’s the big fuss?
Here’s my column for TheStreet.com on Jamie Dimon’s testimony today: Read article
The Street
For Crying Out Loud, Another Wall Street Woman Falls
So she was tearful. Do we care?
The chief investment officer of JPMorgan Chase (JPM_), who resigned Monday in the wake of the bank’s announcement of an embarrassing $2-billion-plus loss on her watch, is but the latest high-ranking woman to depart a business famous for its gender discrimination. […] Read article
JPMorgan’s Dimon Goes From ‘Least-Hated’ to ‘Most-Embarrassed’
To a lot of writers, JPMorgan Chase CEO Jamie Dimon has been a rock star. To me, he’s always seemed more like a very proficient plumber.
I don’t mean that in a bad way. Plumbers can be useful technicians when you need an expert who knows how keep the toilet from backing up. Dimon made his way to the top, in part, because he was a guy who did his homework, crunched the numbers, and made it his business to understand, well, the pipes and connections inside a securities firm. […] Read article
‘Moral Reminders’ Could Help Fix Wall Street
“What’s interesting about the economic crisis is that it’s not just cheating — it’s cheating with a religious belief.”
A Duke University prof explains why and how we lie, and how we might clean things up. Meet Professor Dan Ariely in my column today: Read article