Jamie Dimon Should Resign Over JPMorgan's $3B Lost Bet and Campaign Against Financial Regs
(Multimedia) As the financial giant JPMorgan Chase continues to suffer major losses on its risky derivatives trades, Nobel Prize-winning economist Paul Krugman says bank chief Jamie Dimon should resign “precisely because he has been using his supposed wisdom as a way to campaign against reform and now it turns out he wasn't that wise after all. In fact, his bank was doing seriously bad stuff." Krugman says, "I think it would be better for everybody if he went." The ... Full Story »
Posted by Dwight Rousu
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