In Jamie Dimon's Senate Banking Committee hearing earlier on Wednesday, Sen. Jim DeMint of South Carolina asked Dimon, whose company recently announced a $2 billion loss in bad investments, to "advise" Congress on best banking regulation.
Dimon, naturally, offered to help in whatever way he could — even if that meant getting an apartment in Washington, D.C.
"Me and lots of other folks, we’ll do whatever you want, we’ll even get apartments down here.
U.S. Sen. Jim DeMint, a Republican and Tea Party favorite from South Carolina, will leave the Senate to become the president of the Heritage Foundation, The Wall Street Journal reported. He will leave the Senate in January, before t... Read Post
JP Morgan CEO Jamie Dimon has been invited to testify before the Senate Banking Committee over the bank's $2 billion trading loss, according to a release from Sen. Tim Johnson (D-SD), the chair of the Senate Banking Committee. The h... Read Post