Dimon testimony: He fights back at Ina Drew (possibly a source of yesterday's report), saying...

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WMARKW Comments (8356)
 
Clawbacks of bonuses.....how about wholesale terminations. And, after watching Corzine handle "risk management", kindly help us understand, what JPM will be doing to contain risk?
13 Jun 2012, 11:28 AM Reply Like

mweaver Comments (178)
 
where is john corzine anyway?
13 Jun 2012, 04:47 PM Reply Like

WMARKW Comments (8356)
 
You may be interested in "Corzine at the Bat" in today's Wall Street Breakfast Must Knows.

http://seekingalpha.co...
13 Jun 2012, 06:11 PM Reply Like

deercreekvols Comments (2897)
 
Hey, that's my line!

Where is Jon Corzine?

I heard Mr. Dimon on the radio tonight saying that they could choose to "clawback bonuses." The report went on to say that Mr. Dimon is against any changes in the current laws that govern banks. It appears that RMO were doing their jobs at JPM and MF Global, but in both cases the men in charge thought that they knew better.

Isn't that typical?
13 Jun 2012, 10:08 PM Reply Like

DaLatin Comments (1529)
 
Corsine's new chateau in France is a gem and no extradition !
But, lets at least claw back Dimon's 35 million as a little taste ! He did say the buck stopped with him ! So,him first ! No ?! DL
14 Jun 2012, 02:08 AM Reply Like

madav1138 Comments (2083)
 
I found it telling when he said they were forced to take TARP funds, as BofA said the same thing, and they used it to become even too bigger to fail! haha.
17 Jun 2012, 12:18 AM Reply Like