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Dimon in the rough

    May 15, 2012

Jamie Dimon, the CEO of JPMorgan Chase, showed good judgment in his abject apology for the firm’s $2 billion loss. “We know we were sloppy, we know we were stupid, we know there was bad judgment,” he said on “Meet the Press.” He then showed terrible judgment in bemoaning political attacks “on work ethic and successful people.” Actually, the attacks aren’t aimed at those who are successful, but those who are sloppy, stupid, and use bad judgment.

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