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This profile was last updated on 2/28/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Jamie Diamond

Wrong Jamie Diamond?
 
Background

Employment History

  • Chief Executive Officer
    JP Morgan
  • Chairman
    JP Morgan
  • Chief
    JP Morgan
  • Chief Executive Officer
    JPMorgan Chase
  • Head
    JPMorgan Chase
  • Chief Executive Officer
    Chase
  • Chairman and Chief Executive Officer
    Chase
  • President and Chief Executive Officer
    Chase
  • Chief Executive Officer
    JPM
67 Total References
Web References
While Donald Trump (The Trump ...
www.fastcompany.com, 28 Feb 2014 [cached]
While Donald Trump (The Trump Organization), Jamie Diamond (JP Morgan Chase), and Martha Stewart top the list of the CEOs with the worst reputations.
...
Trump, Diamond, and Stewart hit rock bottom on the CEO reputation survey.
Super-sensitive Ermotti spoke following ...
www.odwyerpr.com, 30 Jan 2014 [cached]
Super-sensitive Ermotti spoke following news that JP Morgan Chase chief Jamie Diamond received a 74 percent raise last year to $20M.
J.P. Morgan's chairman, ...
www.mtdemocrat.com, 5 Oct 2013 [cached]
J.P. Morgan's chairman, Jamie Diamond, accepted the Justice Department's charges that his bank was guilty of massive fraud, although he was quick to blame underlings, subsidiaries, overseas branches - everybody but himself and his management team. Nevertheless, Diamond agreed to pay an $11 billion fine and restitution to defrauded mortgage holders. No organization would agree to pay an $11 billion fine, and take such a big hit on its reputation, unless it knew the Justice Department had an air-tight case.
The Times did editorialize a bit when it pointed out that Mr. Diamond is now in "damage control" mode, and is fighting the possibility that the Justice Department will force J.P. Morgan Chase to admit guilt, which would open it to thousands of individual lawsuits. This was the only "opinion" part of the Times' story.
The Wall Street Journal, on the other hand, did not treat this major story as "news. Instead, it chose to deal with it on its "Opinion" page with an editorial entitled "Robbery at J.P. Morgan. It accuses the U.S. government of looking for easy money by blackmailing a rich bank; the editorial nurtures the impression that the Justice Deptartment strong-armed Jamie Diamond into admitting that his bank had participated in massive fraud.
...
James the "gun" was the threat of fine/penalty if high risk loans were not made.
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James, here is a "respectable" source defining the "gun". ~~~ LINK - Cincotta's group successfully negotiated $173 million in CRA agreements from three major downtown banks in 1984, settlements that served as models for other cities.
So I give you Jamie Diamond, ...
www.salemnews.com [cached]
So I give you Jamie Diamond, CEO of JPMorgan Chase, who testified on July 13, 2012, before the Senate Finance Committee that Chase's recent $2 billion loss figure was not reliable, and the whole issue was only a "tempest in the teapot. (He made this assertion under oath.) He further asserted that there was no reason for concern.
It should be noted, at this point, that in the first six months of 2012, JPMorgan had contributed an aggregated total of $300,000 in campaign contributions to 14 of the 17 members of the Senate committee investigating JP Morgan Chase. Three weeks after Diamond's testimony, the "tempest in the teapot" had boiled over with an additional $5 billion in losses, bringing the total loss to $7 billion.
Mr. Diamond was never called back to the committee. (I guess if you're not Roger Clemens, you don't get called back and prosecuted.)
Kitsap County Republican Party
www.kitsaprepublicans.com, 8 Feb 2012 [cached]
Jamie Diamond, head of JPMorgan Chase, recently pointed out that in 1990 40 of the 50 largest banks in the world were in the US, now only 6 out of 50 are in the US.
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