FierceFinanceFierceFinanceITFierceComplianceIT   FierceCIO

Jamie Dimon speaks at Harvard

Is Jamie Dimon--who benefited greatly from the crisis; he's now seen as the government's go-to guy--trying to ward of more regulation? It's been suggested that a new Sarbanes-Oxley-like set of rules is coming, which is cause for consternation among some. Speaking at Harvard Business School, Dimon railed against the idea, saying government too often proposes solutions that appeal only to "the madness of the crowd" while letting complex issues such as energy policy go unresolved, the AP reports. "We've seen this consistently--an oversimplifying and casting aside of issues and facts." It's fair to say that for now, all the focus is on the bailout package. But you can bet that the issue of regulation will come up next year. It will be quite a fight.

For more:
- here's the article

Related Articles:
Dimon goes off on short sellers
Many opinions on Jamie Dimon

SHARE WITH:
Email Twitter Facebook LinkedIn StumbleUpon
Get Your FREE FierceFinance Email Newsletter:
Be the first to comment

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

To combat spam, please enter the code in the image.