What's Lazy At JPMorgan Is The Stock Price, Not Institutional ShareholdersMark Melin
JPMorgan’s chief imperial commander, Jamie Dimon, has a reputation around the office as a man possessed with performance. Senior bankers are said to avoid the executive lunchroom because they might be confronted about a performance shortcoming or otherwise subject themselves to a dressing down in front of the troops. And yesterday, institutional investors now also know this sinking, deflating feeling.
Dimon called JPMorgan’s shareholders “lazy” yesterday, characterizing them as "bad investors" as a move is underfoot questioning the direction of a bank that exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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