Sunday, May 16, 2010

Ace Greenberg on Obama's Favorite Banker

More from Deborah Solomon's interview of Ace Greenberg (Who technically works for JPMorgan Chase since they took over Bear Stearns) :

How do you feel about the Democrats’ push to regulate derivatives?
I feel about it the same way that Jamie Dimon does.

And how is that?
I don’t know how he feels, but I feel the same way. Understand?

Not really.
I don’t want to say anything that might be contrary to how JP Morgan Chase feels. This is a very sensitive topic.

You’re 82 years old, and you’ve led a very full life. Why do you care what Jamie Dimon thinks of you?
I’m in the noon of my career. I’m not going to mess it up.


  1. I guess they don't call him "Ace" for nothing! You've got to admire his tact.

  2. Deborah Solomon Should start reading this blog, then she would "understand".