More than just a tawdry tale, Dimon’s demise is a critique of the American Dream.
Lynn Stuart Parramore | Alternet
March 19, 2013
They called him a hero. The most esteemed banker of his time. The captain who could steer the ship while others foundered. The handsome, charismatic CEO of JP Morgan Chase, he of the silver hair and golden tongue, beloved by presidents and praised by pundits.
Now the truth is out, and Wall Street’s golden boy, Jamie Dimon, has fallen to earth with a thud.
Why did it take so long? Why did the American media treat him with kid gloves? In a populist moment, how did he manage to escape the scorn heaped on his colleagues?
To understand this, you have to follow the yellow brick rode all the way back to the beginning, back to when the gold-plated American Dream was forged in the smithy of the Puritan soul.
READ IT ALL: http://www.alternet.org/economy/spectacular-rise-and-fall-jamie-dimon-wall-streets-golden-boy
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