HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Warren calls for Dimon to...
Introducing Discussionist: A new forum by the creators of DU

Sun May 13, 2012, 02:45 PM

Warren calls for Dimon to step down as New York Fed bank director [View all]

Source: The Hill

Warren calls for Dimon to step down as New York Fed bank director
By Meghashyam Mali - 05/13/12 01:33 PM ET

Democratic Massachusetts Senate candidate Elizabeth Warren called for JPMorgan Chase CEO Jamie Dimon to resign his position as a director at the Federal Reserve Bank of New York.

In a statement posted on her website, Warren said Dimon stepping down would “send a signal to the American people that Wall Street bankers get it and to show that they understand the need for responsibility and accountability.”


Warren’s call comes days after Dimon acknowledged JPMorgan, the nation’s largest bank, had lost $2 billion in errant trades over the course of just six weeks.

“After the biggest financial crisis in generations, the American people are frustrated that Wall Street has still not been held accountable and does not appear to consider itself responsible,” Warren said.

Read more: http://thehill.com/blogs/on-the-money/banking-financial-institutions/227063-warren-dimon-should-resign-from-ny-federal-reserve-bank-position

37 replies, 5621 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 37 replies Author Time Post
Reply Warren calls for Dimon to step down as New York Fed bank director [View all]
kpete May 2012 OP
tabatha May 2012 #1
byeya May 2012 #10
Jack Rabbit May 2012 #15
PADemD May 2012 #23
dkf May 2012 #2
Scuba May 2012 #7
ashling May 2012 #18
Ikonoklast May 2012 #20
erpowers May 2012 #24
DisgustipatedinCA May 2012 #31
Trillo May 2012 #3
just1voice May 2012 #13
bluesbassman May 2012 #4
Cal33 May 2012 #33
tru May 2012 #5
Myrina May 2012 #32
dkf May 2012 #6
JDPriestly May 2012 #8
dkf May 2012 #29
JDPriestly May 2012 #34
sarcasmo May 2012 #37
The Magistrate May 2012 #12
JDPriestly May 2012 #35
suffragette May 2012 #28
DallasNE May 2012 #9
riderinthestorm May 2012 #11
annabanana May 2012 #14
MannyGoldstein May 2012 #16
gratuitous May 2012 #36
MrMickeysMom May 2012 #17
Neue Regel May 2012 #19
erpowers May 2012 #21
erpowers May 2012 #22
Uncle Joe May 2012 #25
grasswire May 2012 #26
Angry Dragon May 2012 #27
Brooklyn Dame May 2012 #30