Yesterday, JPMorgan CEO and Wall Street Golden Boy Jamie Dimon testified before the Senate Banking Committee and critics are calling the session a veritable love fest. Even though he was called to explain his firm's stunning $2 billion (and counting) bet gone wrong, not a silver hair was ruffled on the CEO's head. Here's a selection of killer quotes from the CEO himself, a US senator who actually challenged him and media commentators who watched as Dimon swatted away the softballs without breaking a sweat.
June 14, 2012
3. Mighty Morphing Power Traders
So this transaction that you said morphed -- what did it morph into? Russian Roulette?
Sen. Bob Menendez (Dem. – NJ) to Dimon, who responded: "It morphed into something that I can't justify. It was just too risky for our company."
Source: Reuters
