Can you think of any major public figure–or even any ill-tempered toddler in your own life–that whines more than Jamie Dimon?
Chief Executive Jamie Dimon said President Barack Obama’s decision to expand investigations into home lending and sales of mortgage securities could stop settlement talks with the states over foreclosure practices.
“It has a pretty good chance of derailing it,” Dimon said in a televised interview with CNBC from Davos, Switzerland on Thursday.
Whining Dimon is effectively warning Obama that if any real investigation takes place, JP Morgan will walk away from Obama’s effort to make pension funds pay to bail Dimon’s company out. And–as Michael Whitney noted on Twitter–he’s doing so from the safe harbor of Davos, where presumably his fellow-MOTUs won’t throttle him for such arrogance.
It’s not enough, I guess, that Obama wants to excuse JPMC for its crimes. Dimon will only accept such help, he says, so long as Obama also refrains from even peeking at what crimes JPMC committed.