For Jamie Dimon Crisis Memories And New Warnings Are Helpful

April 9, 2015 3:51 PM

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For Jamie Dimon Crisis Memories And New Warnings Are Helpful

A year ago, JPMorgan Chase JPMorgan Chase CEO Jamie Dimon was lamenting the “most painful, difficult and nerve-wracking experience that I have ever dealt with professionally,” some $8.6 billion in after-tax legal expenses from trading-related fines and the blow back of the housing bust. Now, after a record year that included a $21.8 billion profit, a stabilized Dimon is trying to become Wall Street’s diplomat once more, pitching regulators who once were attacking him on ways to make business easier for large banks.

For Dimon, a CEO who exited the 2008 panic with his reputation emboldened and who runs what he characterizes as a fortress cog in the U.S. financial system, crises are friendly territory.

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