Dimon Says Overconfidence Fueled Loss He Can’t Defend – Bloomberg

New York Times Dimon Says Overconfidence Fueled Loss He Can’t Defend Bloomberg JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon said overconfidence in trusted managers allowed traders to accumulate more than $2 billion in losses through a strategy that “violated common sense.” Risk-monitoring systems and executives ..

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Dimon Says Overconfidence Fueled Loss He Can’t Defend – Bloomberg

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Posted by on Jun 13 2012. Filed under Current News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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