Commencement speaker, recipient of an honorary Doctor of Laws degree — Dimon’s the Joe Paterno of Syracuse. Let’s catch up with his latest accomplishment.

JPMorgan Chase & Co. (JPM) had already lost more than $700 million on synthetic credit bets and Chief Executive Officer Jamie Dimon was told that number could climb to almost $1 billion when he dismissed press reports about the positions in April as a “tempest in a teapot.”

While JPMorgan booked a $718 million loss on the positions held by its chief investment office in the first quarter, it didn’t publicly specify the loss when releasing the results April 13. When an analyst asked Dimon that day about media coverage of the trades, he dismissed them as a minor issue.

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One Response to “It’s Syracuse University’s Best Friend Forever, Jamie Dimon.”

  1. University Diaries » “It is time to treat him with the contempt he deserves. Withdraw the affectations of achievement, like his honorary doctorate from De Montfort University in Leicester, one of 76 awards listed in his suitably surreal biogra Says:

    […] Jamie Dimon. […]

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