Jamie Dimon Agrees With Occupy Wall Street: 'Too Much Inequality'
In a speech, JPMorgan Chase CEO Jamie Dimon said the U.S. has "too much inequality" -- a striking sentiment coming from Wall Street's leading defender of financial elites.
In a speech, JPMorgan Chase CEO Jamie Dimon said the U.S. has "too much inequality" -- a striking sentiment coming from Wall Street's leading defender of financial elites.
JPMorgan Chase CEO Jamie Dimon held back showing federal regulators reports in May that revealed the bank had accumulated billions of dollars in trading losses, according to congressional testimony Friday from the firm's former chief financial officer.
The CEO defends the bank's bounteous bonuses by talking about how hard his employees work. But wouldn't everyone -- including American taxpayers -- be better off if JP Morgan plowed most of that bonus pool back into reserves against future losses?


