Friday, July 14, 2017

JPM's Jamie Dimon blows up at Washington on earnings call

JPM's Jamie Dimon blows up at Washington on earnings call: JPMorgan Chase CEO Jamie Dimon expressed frustration at the U.S. federal government during the company's earnings conference call Friday.

"It's almost an embarrassment being an American citizen traveling around the world and listening to the stupid s--- we have to deal with in this country," Dimon said in response to an analyst question.

"Since the Great Recession, which is now 8 years old, we've been growing at 1.5 to 2 percent in spite of stupidity and political gridlock, because the American business sector is powerful and strong," he said. "What I'm saying is it would be much stronger growth had we made intelligent decisions and were there not gridlock."

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