Europe Slides, Dimon Smacks Dodd-Frank, and a Hedgie Loves Greece
2. The Devil You Know
If JPMorgan overseas operates under different rules than our foreign competitors, we can no longer provide the best products and services to our U.S. clients or our foreign clients. They will go elsewhere if we can’t give them the best possible deal.
— Jamie Dimon, commenting on Dodd-Frank before the House of Representatives this week.
Source: Washington Post