JPMorgan CEO Jamie Dimon: 'I will dong-slap you with my huge wallet.' |
So what's Jamie Dimon and his pocket board's excuse for not voluntarily breaking themselves up and giving their shareholders a 30 percent premium?
We know the answer why not: power. Dimon doesn't want to give up control of JP Morgan's four main divisions: asset management, retail banking, investment banking and private equity.
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