More details have emerged about JPMorgan CEO Jamie Dimon’s freakout last Friday at an IMF meeting, in which he railed against worldwide financial regulations that he claims are “anti-American” and called them “cockamamie nonsense.” (That’s a pretty un-American way to say “bullshit,” no?) The brash American banker, who’s also in an extended bro-fight with President Obama, “grew increasingly aggressive,” which caused Bank of Canada governor Mark Carney to leave “in the middle of Dimon’s tirade,” Reuters reports today. “It was Dimon’s style that astonished all bankers, not the content,” one source explained.
Even after an apology e-mail from Goldman Sachs boss Lloyd Blankfein to Carney, and a regretful phone call in which Dimon told the Canuck banker “that he thought the world of him,” things are still rocky — “that was too late for Carney,” Reuters says. Carney, meanwhile, is rumored to become the next head of the Financial Stability Board, which makes policy recommendations for international regulations. Perhaps Dimon should try flowers, or maybe even an unannounced visit, boom box and all.
JPMorgan’s Dimon’s aggressive style may hurt bank cause [Reuters]