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
4. The TARP Carp
I think about the fortress balance sheet you talked about and I would like to remind you that the fortress balance sheet has a moat that was dug by taxpayers.
- Sen. Robert Menendez seized upon Dimon's comments and reminded him that JPMorgan received $25 billion in federal support during the financial crisis.
Source: Reuters
