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Legal, Regulatory Burdens 'Will Go Away' Says Jamie Dimon

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JPMorgan CEO Jamie Dimon gave thirty minute Q&A to Young Wall Street, opening the floor to any question they cared to ask: “child raising, philanthropy, gay marriage, politics, Elizabeth Warren, derivative clearance, whatever’s on your mind.” So it’s disappointing that most of the crowd played it so safe, asking about his college major, how to deal with setbacks and so forth.

One questioner who seemed like she was trying to rile Jamie Dimon up (she prefaced the question by saying Goldman Sachs was ‘widely regarded as the best run bank on the street’), asked him point blank if he thought there was a valid argument for breaking up JPMorgan, prompting one of the most interesting parts of the...

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