http://finance.yahoo.com/news/Dimon-Dont-paint-al…
Some great words by Jamie Dimon. Just when I thought all the eloquence and smarts on Wall Street were being drowned out by the incompetence, there's still proof out there that there is smart money still breathing in New York. I agree with a lot of the sentiments that not all "bankers" are to blame (ie trying to get people to understand the difference between M&A and a subprime trading desk, etc.). Dimon puts things in terms the American public can hopefully understand a little bit better. Curious what you guys think of his talk today.
I don't think anyone else has concisely put the way myself (and I think many others) feel about people's perceptions of finance and the money culture in general.
one of the few remaining star CEOs of wall st
great article
If only there were more out there like him. Not only on wall st, in the govt as well. This guy is the definition of a rock star.
It's good to see a refreshing prespective on the already beat down record of "Blame the banks!" This certainly is getting a bit old, but it appears that Dimon did a good job accepting responsibility yet standing up and defending the system.
well said by him
"It was you."
Don't have much of a choice but to respect this guy.
I have such admiration for Jamie Dimon, the guy is an absolute stud. And unlike a lot of the people running Wall Street the past couple of years (looking at you Lewis), he's brilliant. He's absolutely correct, you can't blame everyone on the Street, some rotten apples soured the bunch.
I think Obama realizes that but its hard to communicate that when some of the loudest people on the Street are the dumbest ones. If I'm Dimon and Obama, I'm sitting down with the few smart men remaining on Wall Street and in politics and trying to put on a public face together and work this out.
brilliant
Just my 2c.
Just brought a big, gratifying smile to my face when I heard about his comments.
Finally!!! JD tells it like it is!!
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