JPMorgan bank mogul has a huge sense of entitlement.
Banks are under assault. That’s what JPMorgan Chase & Co CEO Jamie Dimon claimed recently when announcing the record $21.8 billion in profits that the US banking group raked in last year.
Dimon’s latest comments, which range from out of touch to outright preposterous, expose anew the misbegotten, pathological sense of entitlement that poisons the thinking of Wall Street titans.
Before I present more of these Dimons in the rough, keep in mind: JPMorgan Chase & Co is the largest bank in the US and 2014 was its best year ever.
Do I even need to point out that there was obviously not enough regulation “in the old days”?