Santa-Cruz County decides to do away with big banks... "The Global Financial Context James Dimon" by World Economic Forum - Flickr: The Global Financial Context: James Dimon. Licensed under CC BY-SA 2.0 via Wikimedia Commons - http://commons.wikimedia.org/wiki/File:The_Global_Financial_Context_James_Dimon.jpg#/media/File:The_Global_Financial_Context_James_Dimon.jpg
- James Dimon, CEO of J.P. Morgan Chase & Co., in response to a question during a hastily scheduled conference call on Thursday and after the company had reported it had taken $2 billion in trading losses in the past six weeks stemming from derivatives bets gone wrong in the bank's Chief Investment Office, which manages risk for the New York company. "J.P. Morgan Reveals ‘London Whale’-Size Losses", May 10, 2012. http://on.wsj.com/IMGcoA
James Dimon, CEO of JP Morgan Chase is complaining that “banks are under assault.” But America’s largest Wall Street empire has illegally deceived and cheated its way to the top. Dimon should be grateful he’s not in jail.