Jamie Dimon sounds off

At JPMorgan Chase's annual meeting, CEO Jamie Dimon declared that the bank had what may have been its "finest year ever." Indeed, the bank soared (relatively) as its big name consumer rivals faltered. The acquisitions of Bear Stearns and Washington Mutual seem to be paying off. And the bank actually made money in each quarter of 2008.

Dimon also sounded off about TARP. He argues that the program started out as the "brave and bold" action of regulators but then morphed into something else entirely. He singled out TARP's restrictions on H1-B visas, which he called a "complete and utter disgrace," reports the New York Times. The banks expects to get permission to pay back the funds within weeks. The official announcements may wait until June 8. 

For more:
- here's the article

Related Articles:
Dimon, Lewis buy stock in their banks
Jamie Dimon speaks at Harvard
More on JPMorgan's short-term prognosis
Dimon goes off on short sellers