Sen. Jeff Merkley (D-Ore.) makes Dimon lose his cool by saying “big dumb banks” in jams should fail. He then cuts off Dimon’s protest, saying, “Sir, this is not your hearing.”
Ousted investment chief Ina Drew gets blamed by Dimon for causing the bank’s $2 billion loss and is warned that some of her $14 million pay might be clawed back for her errors.
Ron Sachs - CNP
Sen. Robert Menendez (D-NJ) rips into Dimon for taking $20 billion bailout money in 2008 but it backfires as Dimon shoots back he was forced by Uncle Sam to take it, or else.
“You appear to be in much better fiscal shape than we are as a country.”
— Sen. Jim DeMint (R-SC) to Dimon
“We do believe this to be an isolated event.”
— Dimon to senators
“Jamie Dimon’s a crook.”
—Demonstrators chant in chambers before being booted
Jamie Dimon, Jon Tester, Jeff Merkley, Robert Menendez