JP Morgan CEO Emerges as Wall Street Force

Dimon builds on rep for staying cool in a crisis
By Jim O'Neill,  Newser User
Posted Mar 17, 2008 12:08 PM CDT
James Dimon, chairman and CEO of JP Morgan Chase & Co.   (AP Photo/Mark Lennihan)
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(Newser) – JP Morgan Chase CEO James Dimon is a hands-on boss who writes out a detailed to-do list each morning and has managed to keep his company healthy while many of its rivals are ailing or even critically ill, reports the Wall Street Journal. Dimon's focus has been on creating a bank strong enough to withstand any crisis. Investors say he’s succeeded.

"Our job is to build a company, build it relentlessly, build it over time," Dimon said at a recent investor meeting. "The stock will do fine and take care of itself." Says a shareholder who's also a money manager: "He has preserved capital in an environment where basically every other money center bank has been involved in some very poor decisions."