Would the boss of JPMorgan Chase ever switch from business to politics? “I think it’s very hard to do,” he says in an interview with The Economist. “And in fact, if we just look at history, it’s almost impossible”
from a long July 4th holiday weekend with his large and growing family: his wife, three daughters, a gaggle of grandchildren. He has little patience for the faff that accompanies a filmed interview—the reason that he, his many handlers, a film crew, your correspondent ands editor-in-chief have gathered at the New York headquarters of America’s biggest bank.
It is at this ferocious pace that Mr Dimon has achieved every dream he has put his mind to in the 40-odd years since. He spent more than a decade under the wing of Mr Weill, by then at the bank that would become Citigroup, which was created through endless deals he helped steer through. When their partnership blew up Mr Dimon was hired to run Bank One, then America’s fifth-largest bank.
So he is turning his energies to other problems. He skips over the banking mini-crisis or the potential for a recession . He is a “red-blooded, full-throated, free-enterprise, patriotic American”, frustrated by how slow economic growth has been over the past decade.
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