Why resign? Who's the victim here? Seriously. Not the taxpayer - JPM is returning government money plus interest. Not their customers - they knew what they were getting into. Not like they were guaranteed a profit or capital preservation. Not the shareholders - again, they take risks buying and selling stocks. Not the JPM employees - even the canned ones got their commissions and bonuses and golden parachutes. So they lost 2 bil. Big deal. There are a ton of companies posting similar quarterly losses. Banks aren't supposed to?
I fully agree. Mr. Dimon's performance has been excellent. Everyone on this board seems to conclude that he must be retained and continue his work in order to keep our number 1 bank a very successful one. May God Bless our Jamie, and let's ALL await the anticipated good news about JPM.
All my good wishes,