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“#Lessons of Jimmy Cayne’s Bear Stearns historic rise and fall” Jimmy Cayne is no longer a household name on Wall Street, his fame darkened by the last couple of years as CEO of the ill-fated investment bank Bear Stearns. But Cayne’s story is far more complex. It’s one of incredible achievement as well, and even…
“#Jamie Dimon’s quick kowtow after telling truth on communist China” The state of corporate America is a sad one: Its best and brightest are so desperate to make a buck that they need to beg forgiveness when simply stating the obvious. Last week at Boston College, JPMorgan Chase CEO Jamie Dimon was riffing on US-China…
“#Bank will outlive China’s Communist Party” JPMorgan CEO Jamie Dimon threw down the gauntlet in a speech Tuesday — at least as a joke: He said his bank will outlast the Chinese Communist Party. “I made a joke the other day that the Communist Party is celebrating its 100th year — so is JPMorgan,” Dimon…
“#JPMorgan’s refusal to increase Hertz bid costs co-investors billions” JPMorgan’s refusal to increase its bid for Hertz in a bankruptcy auction this spring — despite pressure from co-investors — now looks like a multi-billion dollar mistake as the rent-a-car industry revs back to life, a source said. The bank, which owned most of Hertz’s debt,…
“# Billionaires are backing Bitcoin over gold … but some say Ethereum is even better ” Following JPMorgan CEO Jamie Dimon’s recent comments that Bitcoin is worthless, two well known billionaires have leapt to its defense — although both of them say Ether has some even more desirable properties. During an interview with CNBC’s Squawk…
“#JPMorgan boss Jamie Dimon defends $31.5 million yearly salary” JPMorgan boss Jamie Dimon defended his eye-popping $31.5 million salary as the result of the country’s “free market” which “everyone should applaud” during an interview about the bank’s multibillion-dollar pledge to combat racial inequality. The company’s board paid Dimon the massive pay package for 2020, and…
“#Big Biz has found that Critical Race Theory is bad for business” I’ve noticed something lately covering the woke culture that’s threatening to turn corporate offices into university-style safe spaces: There are apparently limits to how far left big companies are willing to veer to gain progressive brownie points. Case in point: the much-celebrated diversity…
“# JPMorgan CEO says Bitcoin price could rise 10x but still won’t buy it ” In an online interview with Times of India, Jamie Dimon, CEO of investment banking behemoth JPMorgan Chase, slandered Bitcoin’s popular appeal, despite stating that the leading digital asset could increase 10x in a matter of five years. A historically staunch…
“#JPMorgan gives Jamie Dimon $50M to remain CEO for five years” Jamie Dimon has been at the helm of JPMorgan Chase since before the financial crisis — and the board doesn’t want him going anywhere. As a “special award” on Wednesday, the JPMorgan Chase board granted the billionaire CEO a trove of new stock options…
“#JPMorgan bringing back office workers regardless of vaccine status” JPMorgan Chase is ready to bring employees back to the office even if their vaccine passport isn’t stamped. In a memo obtained by The Post that was sent to US employees late Wednesday, the mega-bank laid out new guidelines for getting people back to a “regular…