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(Image from article: "Bailed-Out Chase CEO Dimon: People Should Pay Mortgages "Even If They're Underwater"")

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JPMorgan’s debacle, and its parallels to AIG

JP Morgan Chase

Last week, the once-future Treasury secretary and current JPMorgan Chase CEO Jamie Dimon revealed a $2 billion loss. This previously undisclosed derivative trade should be a wake-up call for those claiming that finance has been “reined in” and no longer presents a threat to the global economy.

 

JPMorgan's Dimon Gets $17 Million Bonus

JPMorgan Chase's Jamie Dimon pulled in a roughly $17 million bonus in restricted stock and options for 2009, making him one of the best-paid banking chiefs around.

 

Bailed-Out Chase CEO Dimon: People Should Pay Mortgages "Even If They're Underwater"

Bailed-Out Chase CEO Dimon: People Should Pay Mortgages

Chase CEO Jamie Dimon, whose bank received $25 billion in bailout funds from the government, refused to tell CNBC anchor Melissa Francis how the bank is performing this quarter.

"Can you tell me how this quarter is doing for JPMorgan?" Francis asked.

Dimon's brief response: "I can't."

 

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