Jamie Dimon: Call me maybe?
A financial writer answered his phone back in 2009 to surprisingly hear Jamie Dimon, JPMorgan Chase (JPM) CEO, on the other end. The CEO called to contest a book review published a day earlier. Once a white knight on Wall Street, the writer’s criticism of the star banker has come to fruition. Per Businessweek:
The larger theme of the review was that, while JPMorgan had emerged from the 2008 crisis less damaged than its rivals, Dimon’s performance hadn’t convinced me that the large banks were prepared to change their ways. His defensiveness on the phone reinforced my assessment.
Was JPMorgan ever as well managed as many (including Dimon) claimed, or was it just less badly managed than most competitors? Has Dimon reevaluated his record? I’m only a phone call away.