The New York Times Magazine published a big Roger Lowenstein cover piece on JP Morgan CEO Jamie Dimon. Some reactions:
Simon Johnson: “in every significant detail it confirms that Mr. Dimon is now – without question – our most dangerous banker.”
My biggest problem with Lowenstein’s piece is that he never really grapples with JP Morgan’s sheer enormity — the root cause of substantially all the enmity between Dimon and those who would seek to hobble his plans for global domination. Felix Salmon “My biggest problem with Lowenstein’s piece is that he never really grapples with JP Morgan’s sheer enormity — the root cause of substantially all the enmity between Dimon and those who would seek to hobble his plans for global domination”
Anat Admani: “Mr. Dimon, how about you start helping the world of banking and the economy by pushing for banks to be much less leveraged, relying more on equity funding than Basel III allows, and for regulators to make sure they are?”
Yves Smith: “I could barely stomach reading it… hagiography masquerading as reporting.”
