Opinion: Obama Administration Out to Destroy Dimon


The Wall Street Journal editorial page offers a strong defense of J.P. Morgan Chase CEO, Jamie Dimon. The paper says regulators are backing up a truck to J.P. Morgan’s vault and trying to load it up, as the company considers an $11 billion settlement. The Journal says Dimon is being targeted by the administration for refusing to toe the line, adding that he not only didn’t create the mortgage crisis but helped end it.

SOURCE: Wall Street Journal

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