Di(a)mon(d)s in the Rough
In listening to the “Di(a)mon(d)s”—Robert Diamond, recently resigned CEO of Barclays Bank (one of the largest banks in the United Kingdom and the 25th largest company in the world) and Jamie Dimon, still enthroned CEO of JP Morgan Chase (the largest bank in the United States, as measured in assets)—testify in front of their respective controlling government inquisitors, I could not help but feel a little sympathy for the two. More importantly, though, I wondered, as I frequently do when I hear of people at Read more