Senin, 14 Mei 2012

Dimon's "stupid" admission: catnip for lawyers?



Jamie Dimon sounded more like a plaintiff's attorney than a chief executive when he described JPMorgan Chase & Co over the weekend as "stupid" and "sloppy" for its $2 billion trading loss.

But for any shareholder seeking to seize on those comments as grist for a securities lawsuit against the bank and its executives, it likely will be tough to use Dimon's words against him, according to

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