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JPMorgan’s Dimon Has Achieved More Influence Than John Piepoint Morgan

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Mark Melin
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“What a year,” quipped JPMorgan Chase & Co. (NYSE:JPM)'s supreme leader, Jamie Dimon, a man who had just escaped a gauntlet that would have felled lesser banks.  Or should we say lesser connected banks?

The most influential bank in history?

What is the value of absolute influence over the financial world to a point never before witnessed in history?  A documented degree of control that has even eclipsed the grand master, John Pierpoint Morgan?  At least when Morgan was at work setting up the super secret agreement to establish the Federal Reserve he had a fear reporters would discover and report his actions.  Back then, when the vote to create the Fed took place while most Congressman were off...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.