Lead Story
Jamie Dimon: A Great Banker with a Selective Memory
By Paul Muolo
I like Jamie Dimon. As chairman and CEO of JPMorgan Chase he's a survivor who steered his institution clear of the worst excesses on Wall Street, setting up his $2.1 trillion baby to grow stronger and more powerful as competitors collapse in the wake of the nation's housing/credit crisis.
I may be pushing it, but one day he may even be considered the equal of J.P. Morgan, the man himself, whose many accomplishments include bringing together bankers back in 1907 to stem a financial panic that threatened the U.S. banking system. In short, Mr. Dimon is now the voice of reason and rationality for the financial services industry (if there can be such a thing.).
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U.S. Housing Secretary Shaun Donovan on his plan for revising the nation's consumer protection laws comes to pass.
