1. Dimon's future questioned as JPMorgan posts first loss of his tenure

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    Dimon's future questioned as JPMorgan posts first loss of his tenure

    JPMorgan Chase's first quarterly loss in nine years had Chief Executive Jamie Dimon looking a bit more vulnerable Friday after the bank took a $7.2 billion hit from penalties, expected future litigation and other legal matters...

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    1. There is some overlap in concern, but the decision-making outcome is often different.
    2. The Board continues to seek a fair and reasonable settlement with the government on mortgage-related issues — and one that recognizes the extraordinary circumstances of the Bear Stearns and Washington Mutual transactions, which were undertaken at the request or encouragement of the U.S. Government.

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