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Posts Tagged ‘Jamie Dimon’

JP Morgan CEO Jamie Dimon to FBN: We Screwed Up

The business networks have been in overdrive after J.P. Morgan revealed a $2 billion loss at a London trading unit yesterday. During a live special report last night on Fox Business, Charlie Gasparino reported he talked to CEO Jamie Dimon after the news broke.

“I find him to be refreshingly frank, and that’s essentially what he was,” Gasparino said of the conversation. “He said, ‘listen, we screwed up.’” Watch:


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FBN also preempted “Imus in the Morning” today for a special report on the J.P. Morgan news.

Dimon acknowledged on a conference call yesterday that the losses were “somewhat related” to a single London-based trader nicknamed “the London whale,” who was making large bets on credit derivatives. Bloomberg TV’s Stephanie Ruhle broke that story in April.

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TV, Wall Street Bigwigs Fete Erin Burnett at CNN Launch Party

Mark Whitaker, Jim Walton, Anderson Cooper, Erin Burnett, Piers Morgan and Ken Jautz

Last night CNN feted its newest anchor, Erin Burnett, at Robert restaurant at The Museum of Arts and Design in Columbus Circle, just a few hundred feet from CNN’s NYC headquarters. Overlooking Columbus Circle and the southwest corner of Central Park, guests watched the city fade into night, while clips of Burnett preparing for her show played on a loop on TV sets spread throughout the space.

Just after 7:30 PM, CNN/U.S. executive VP Ken Jautz and CNN managing editor Mark Whitaker made some brief remarks. Jautz commented that Burnett is extremely passionate about news, and that anyone expecting a curt reply when asking her what she is working on is in for a long conversation.

Burnett then addressed the crowd and thanked them for their support. Her manager John Ferriter was in attendance, as was her fiancee David Rubulotta. Jautz and Whitaker got shout-outs, as did CNN Worldwide president Jim Walton and CNN ad sales chief Greg D’alba, both of whom were working the room.

The party also drew a packed room of boldface names:

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Jamie Dimon’s Morning Viewing Habits

During Erin Burnett‘s exclusive interview with JP Morgan Chase Chairman and CEO Jamie Dimon on CNBC’s Street Signs, he revealed he’s a “Squawk Box” watcher (he also made some market-moving comments)—

Burnett: You wake up every morning and you look in the mirror. You’ve got a good head of hair…

Dimon: I look at Becky Quick in the morning.

Burnett: You look at Becky Quick in the morning. That’s better I have to say.

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