Francine McKenna: JPMorgan Chase Still Haunted By Foreclosure Reviews, And More

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Francine McKenna: JPMorgan Chase Still Haunted By Foreclosure Reviews, And More

Francine McKenna: JPMorgan Chase Still Haunted By Foreclosure Reviews, And More

Forbes-

Last week Jessica Silver-Greenberg and Ben Protess at the New York Times DealBook catalogued the trials and tribulations of JPMorgan and, in particular, its CEO and Chairman Jamie Dimon. The list of woes grows by the day. It was gratifying to me to see major media now noticing the chinks in Dimon’s armor.

I called Dimon’s thus far avoidance of accountability a “results reprieve” in a segment I taped for the Keiser Report last November. Dimon hasn’t yet suffered the fate of some other banking leaders – Bob Diamond, Oswald Grübel, and Kenichi Watanabe come to mind – even though the list of significant legal and regulatory contingencies JPMorgan faces is long. Dimon is still delivering, by hook or crook, positive earnings and a healthy stock price to its shareholders.

[FORBES]

image: Reuters

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