- Wed Jun 10, 2015 4:24 pm
#59131
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon took aim at U.S. Senator Elizabeth Warren, a critic of large banks, as he expressed broad concerns about leadership in Washington. “I don’t know if she fully understands the global banking system,” Dimon, speaking Wednesday at an event in Chicago, said of the Massachusetts Democrat.Libtards, what more can I say.
In a new afterword for the paperback version of her book, “A Fighting Chance,” she recounted a visit by the CEO to her office shortly after she was sworn in. She said their conversation heated up after Dimon complained of stiffening regulation, and that she warned him CFPB rules might take effect that would spell trouble for the bank.Warren said Dimon “leaned back and slowly smiled,” and then replied, “So hit me with a fine. We can afford it.”
Those in attendance acknowledged that Senator Warren threatened Dimon that if banks don't comply with her requests she might change CFPB rules that would hurt them but denied Dimon told her to hit him with the fine or that the bank could afford it.
