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Stories of Interest
- ‘A Bleak Picture’ for Women Trying to Rise at Law Firms
- How Golf Superstar Jordan Spieth, 23, Spends Time and Millions
- Goldman Sachs Retreats as a Top Lead Market Maker for ETFs
- In-House Counsels: Top 30 Money-Earners
- Ivanka Trump Retains White Collar Defense Lawyer Abbe Lowell
- Ameriprise Financial Reports Higher Q2 Profits, Revenues
- SEC Announces $2.5 Million Whistleblower Award
- Another Russian Connection for a Trump Nominee - Brian Benczkowski, Picked to Lead DOJ Criminal Division
- 3 From BigLaw Chosen as SDNY Magistrate Judges
- Morgan Stanley Tops Goldman in Market Value for First Time in 10 Years
- Former DOJ Official on Evolution of Corporate Compliance
- T+2 Settlement - FINRA User Acceptance Tests
- LedgerX Approved as Derivative Clearing Organization - CFTC
- Trump, ObamaCare and the Art of the Fail - Peggy Noonan
- Bryan Wood to Head SEC Office of Legislative and Intergov'tal Affairs
- BATS Market Close v. NYSE and Nasdaq
- Inside Scaramucci’s Extreme Loyalty to Trump – William Cohan
- Who President Trump Can Pardon, and Who He Can’t
- Ex-UBS Compliance Officer, Day Trader Deny Insider Trading
- Private Equity’s Big Bets on Financial Tech
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NEWSLETTERS & ALERTS
Jamie Dimon Defends Role in Advising Trump
[Photo: Jamie Dimon, from interview with Haley Draznin, CNN Money]
For the Chief Executive of JPMorgan Chase, who figuratively 'walks on water', having to explain or justify his actions is a departure from the norm. But that's just what Jamie Dimon had to do on Tuesady at JPMorgan's annual meeting in Wilmington, DE, where several angry shareholders criticized Mr. Dimon for participating on Donald Trump's business council.
Dimon defended his actions, noting: "I would try to help any president of the United States, because I'm a patriot. That does not mean we agree with all the policies that an administration comes up with." And, "No," he would not step down.
The actual business of the meeting was less controversial: voting shareholders sided with management on all major resolutions, including the election of directors and executive compensation.