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Dimon Attacks 'Demonisation' of Big Banks

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NEW PR STRATEGY "LEAVE US ALONE"
"In his annual letter to shareholders, the JPMorgan Chase chief mounted a defence of the role played by banks in the economy and criticised politicians for taking “punitive efforts” against the sector without distinguishing between good and bad performers," FT reports.  "“We have to stop slipping into a cacophony of finger-pointing and blame,” Mr Dimon wrote in his letter, an annual tradition inspired by Warren Buffett, one of his heroes. “While bad actors always should be punished, we also should note that not all who got into trouble were irresponsible.”"
SOURCE:   Financial Times

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