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Bag’s Take-Away:
As a play on JP Morgan Chase advertising slogans: “Chase what matters, then turn your back on it or — TA DA – (this needs no addendum): “The right relationship is everything.”
The Senate Banking Committee fawned over Jamie Dimon yesterday and it looks like it went exactly as Dimon planned.
A great visual “screw you.”
(credit: Haraz N. Ghanbari/AP caption: JPMorgan Chase CEO Jamie Dimon, head of the largest bank in the U.S., arrives to testify on Capitol Hill in Washington, Wednesday, June 13, 2012, before the Senate Banking Committee, about how his company recently lost more than $2 billion on risky trades and whether its executives failed to properly manage those risks.)
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