Monday, May 14, 2012
More news about Chase--the investment chief is out. What about the CEO? Who also holds a high position with the Federal Reserve, our nation's largest bank. I'm sure Jamie Dimon gets paid millions in salary and bonus to run Chase. Seems to me if the company he's running can lose 2 billion in six weeks on risky bets he's asleep at the wheel. He has been the huge nay sayer for more bank regulation but it is apparent they don't know how to regulate themselves. These big banks seem to have no problem putting our whole financial system in jeopardy for their gain. Why is just the investment chief out? Dimon should go too.