How Could I Miss That? Jamie Dimon on the Hot Seat
Harvard Business Review
JUNE 13, 2012
In 2011, the company dropped its requirement to exit investment positions when losses exceeded $20 million. JPMorgan Chase's stock fell by $25 billion in the process — that is, by far more than the actual investment losses — and the firm's reputation for integrity and smart management suffered a major blow.
9 
Let's personalize your content