JPMorgan CEO Jamie Dimon announced his company’s most recent gamble had lost big: $3 billion dollars of depositors’ money big. It happened right after Dimon led the fight against Wall Street reform in Congress that would have guarded against big banks riskiest bets.
Here’s the worst part: Dimon is a member of the New York Federal Reserve Board, in charge of policing Wall Street. Bankers who lose $3 billion in federally insured money shouldn’t be in charge of regulating themselves.
We're joining with progressive organizations across the country saying that Jamie Dimon has to go.
Tell Jamie Dimon to resign from the New York Fed Board immediately!
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