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JPMorgan Votes to Keep Dimon in Two Top Jobs

By: clo in FFFT | Recommend this post (0)
Tue, 21 May 13 11:47 PM | 35 view(s)
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Can someone explain, why isn't this a conflict of interest?

JPMorgan Votes to Keep Dimon in Two Top Jobs

Jamie Dimon and the 10 other directors of JPMorgan Chase were all re-elected at the bank’s annual shareholders meeting in Tampa, Fla., on Tuesday.

Mr. Dimon, the nation’s most powerful banker, held on to his title of chairman after JPMorgan’s shareholders defeated a proposal to split the two top jobs.
Even if JPMorgan shareholders had accepted the proposal, the bank would not have been required to act.

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http://dealbook.nytimes.com/2013/05/21/live-blog-dimon-appears-set-to-win-crucial-vote-at-jpmorgan/?emc=na




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