Jamie Dimon

Dimon & Dimon take on Wall Street

The Telegraph (Free subscription) | yesterday

The father of JP Morgan Chase chairman Jamie Dimon is to join the investment bank as part of its push to beef up its private client broking business.

Jamie Dimon's Dad Quits Merrill To Join Son

The Business Insider (Free subscription) | 11/08/2009

Merrill Lynch can't keep anyone anymore... Bloomberg: Theodore “Ted” Dimon, the 78-year-old father of JPMorgan Chase & Co.’s chief executive officer, quit Bank of America Corp.’s Merrill Lynch unit yesterday to join his son’s firm, according to a person familiar with the matter. JPMorgan spokesman Darin Oduyoye confirmed the decision and said the unit had added more...

• Jamie Dimon Hires His Father - Daily Intelligencer - New York Magazine

JPMorgan’s Christmas Gift to the Rich and the (Relatively) Poor

Daily Intelligencer - New York Magazine (Free subscription) | yesterday

JPMorgan is lifting the onerous salary freeze it placed on employees earning more than $60,000 a year, and — ostensibly because they don't want to be seen as favoring the wealthy — they're throwing a few alms to the poor folks in their community, too: "In addition," the memo from HR reads, "We will grant a one-time US$500 special award early next year to employees globally...

Merrill Brokers Pissed Off At Being Asked To Tout Bank Of America's Retail Banking

The Business Insider (Free subscription) | yesterday

Perhaps the worst fear of Merrill Lynch employees who now work for Bank of America is that they will find their jobs becoming more like those of bank tellers or other street level retail employees. Paranoia, right? Perhaps poison being spread by competitors. Didn't Sallie Krawcheck promise that she wasn't going to destroy the culture of Merrill? It turns out that Bank of America has been pushing Merrill...

Dimon Loves Retail Stockbrokers

The Reformed Broker (Free subscription) | 11/08/2009

I caught this in the New York Post this morning, thought it was pretty cool: “I love the retail broker business because my dad is a broker and my grandfather was a broker and it was the first job I ever had,” Jamie Dimon, 53, said at a Securities Industry and Financial Markets Association meeting Oct. [...]

JPMorgan Chase CEO hires his dad away from BofA

Denver Post (Free subscription) | 11/07/2009

If Jamie Dimon ever needs fatherly advice, he can turn to his newest employee: Dad.

• UPDATE 1-Dimon's father joins Bear Stearns advisory unit - Reuters UK

Dimon dad takes job at JPMorgan

New York Post (Free subscription) | 11/07/2009

If Jamie Dimon ever needs fatherly advice, he can turn to his newest employee: Dad. Theodore "Ted" Dimon, the 78-year-old father of JPMorgan Chase Chief Executive Officer Jamie Dimon, quit Bank of America's Merrill Lynch unit yesterday to join his...

Items! Poems, Tracksuits, Hot Hamm

The Daily Transom (Free subscription) | 11/07/2009

Conde Nast goes into crisis mode. Three new designs for the Kosciuszko Bridge. Inside trader "Octopussy" elects for the track suit when turning himself in. Jamie Dimon's dad joins him at JPMorgan Chase. Who killed Lehman? Blame Gladwell. Helen Thomas pens a poem about the changes in journalism, sort of. Former Citigroup head says he's sorry. Nancy Pelosi is glad Anthony Weiner isn't pushing...

Like Son, Like Father at JPMorgan Chase

DealBook (Free subscription) | 11/06/2009

Jamie Dimon, chief executive of JPMorgan Chase, no longer has to look very far for parental advice. His father is joining the bank's securities business.

• Dimon's Dad Quits Merrill to Work for Son's Brokerage, Brings Along Team - Bloomberg

The Reading Habits of Wall Street CEOs

Daily Intelligencer - New York Magazine (Free subscription) | 11/06/2009

"OMG, I loved The Time Traveler's Wife. Don't tell anyone." Unsurprisingly, they prefer to read about great men: In Duff McDonald's Last Man Standing , JPMorgan CEO Jamie Dimon claims to have read biographies of Caesar, Alexander, Napoleon, Nelson Mandela, and ten U.S. presidents, including George Washington, Abraham Lincoln, and Ulysses S. Grant. Meanwhile, Andrew Ross Sorkin's Too Big...

John Reed: I'm Sorry I Created Citigroup And Killed Glass-Steagall

The Business Insider (Free subscription) | 11/06/2009

John Reed, who originally helped merge Traveller's Group with Citibank with Sandy Weill, is performing a mea culpa for creating megazombie Citigroup (C): Bloomberg : “I’m sorry,” Reed, 70, said in an interview yesterday. “These are people I love and care about. You could imagine emotionally it’s not easy to see what’s happened." “I would compartmentalize...

John Paulson: 14 Going On Rich

Daily Intelligencer - New York Magazine (Free subscription) | 11/04/2009

Hedge-fund rock star John Paulson is not celebrating the publication of WSJ reporter Greg Zuckerman's epic biography of his life-changing trade, so it falls to us celebrate his life for him. Yesterday, we brought you some tales of what JP was like back in the day . Today, we present you with this picture of the man at approximately 14 years old, long before a razor ever nicked his skin. After the...

Blankfein and Dimon Met Feinberg Before Pay Cuts

DealBook (Free subscription) | 11/04/2009

Lloyd Blankfein and Jamie Dimon, the chief executive officers of Goldman Sachs Group and JPMorgan Chase, met Kenneth Feinberg as the Obama administration's paymaster prepared to consider proposals from seven bailed-out companies, government documents show.

Andy Stern, SEIU President: White House Visitor

FREEDOM EDEN (Free subscription) | 11/03/2009

Who has been the most frequent visitor to the Obama White House , according to the records released by the administration? The Obama administration on Friday released a partial roster of visitors in the first six months of President Obama’s term, a disclosure that shows business executives, labor leaders, lobbyists and a sprinkling of celebrities were cleared into the White House for meetings,...

Mack, Blankfein, and Dimon Arrive At New York Fed For High Level Meeting

The Business Insider (Free subscription) | 11/02/2009

Don't panic. CNBC just reported that Jamie Dimon, Lloyd Blankfein, and John Mack all recently arrived at the Maiden Lane headquarters of the New York Fed. It immediately sent chills through our now complacent souls. But apparently we are not on the verge of a new financial crisis. They are meeting at the Fed to discuss executive compensation. It does bring back memories, however. Join the conversation...