Sunday, December 15, 2024

Tag: Jamie Dimon Hires Dodd-Frank Hatchet Man to Weigh Suing the Fed Over Proposed Capital Rules

Jamie Dimon Hires Dodd-Frank Hatchet Man to Weigh Suing the Fed Over Proposed Capital Rules

by Pam Martens and Russ Martens, Wall St On Parade:

Jamie Dimon is the Chairman and CEO of the largest federally-insured, taxpayer-backstopped bank in the United States, JPMorgan Chase. Through much of Dimon’s tenure, JPMorgan Chase has also been designated as the riskiest bank in the United States by its regulators. And despite its unprecedented criminal history, the U.S. Department of Justice keeps handing the bank deferred-prosecution agreements or non-prosecution agreements with the casualness of a carnival barker tossing out penny candy.