Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJamie Dimon weighed a 2020 presidential run, sources say. Here's why he decided against it
Source: CNBC
Jamie Dimon weighed a 2020 presidential run, sources say. Heres why he decided against it
PUBLISHED THU, APR 4 2019 3:12 PM EDT UPDATED 5 HOURS AGO
Wilfred Frost
Hugh Son
Dimon, 63, spent much of last year mulling a 2020 presidential run, sources said. He ultimately decided that he couldnt win either partys nomination.
He is now focusing on ways to influence policy from his business positions, as evidenced by his 51-page shareholder letter released Thursday.
Whenever the inevitable question arose at events both public and private, Jamie Dimon would pause and smile before ruling out a presidential run.
But the billionaire J.P. Morgan Chase CEO actually spent much of 2018 weighing whether he should give it a shot, according to people with knowledge of the situation.
As last year drew to a close, however, Dimon concluded that he wouldnt run. With the Republican nomination unavailable and the leftward lean of the Democratic Party making the election of a Wall Street tycoon unlikely, Dimon begrudgingly decided that he would continue to serve his country from his current positions.
Dimons thought process played out in public, at times. In September, at an event held at his banks Park Avenue headquarters in New York, Dimon, 63, took several swipes at President Donald Trump and blurted out that he thought he could beat him in an election.
-snip-
PUBLISHED THU, APR 4 2019 3:12 PM EDT UPDATED 5 HOURS AGO
Wilfred Frost
Hugh Son
Dimon, 63, spent much of last year mulling a 2020 presidential run, sources said. He ultimately decided that he couldnt win either partys nomination.
He is now focusing on ways to influence policy from his business positions, as evidenced by his 51-page shareholder letter released Thursday.
Whenever the inevitable question arose at events both public and private, Jamie Dimon would pause and smile before ruling out a presidential run.
But the billionaire J.P. Morgan Chase CEO actually spent much of 2018 weighing whether he should give it a shot, according to people with knowledge of the situation.
As last year drew to a close, however, Dimon concluded that he wouldnt run. With the Republican nomination unavailable and the leftward lean of the Democratic Party making the election of a Wall Street tycoon unlikely, Dimon begrudgingly decided that he would continue to serve his country from his current positions.
Dimons thought process played out in public, at times. In September, at an event held at his banks Park Avenue headquarters in New York, Dimon, 63, took several swipes at President Donald Trump and blurted out that he thought he could beat him in an election.
-snip-
Read more: https://www.cnbc.com/2019/04/04/jamie-dimon-weighed-a-2020-presidential-run-sources-say-heres-why-he-decided-against-it.html
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
9 replies, 891 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (0)
ReplyReply to this post
9 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Jamie Dimon weighed a 2020 presidential run, sources say. Here's why he decided against it (Original Post)
Eugene
Apr 2019
OP
please reassure me that dimon would get less than 1% of the votes in any dem primary
rampartc
Apr 2019
#3
CaliforniaPeggy
(149,637 posts)1. Jamie Dimon's not interested in serving the USA........
Unless it's to serve it up to the 1%!
brush
(53,787 posts)2. Probably so, I just wish someone would have the guts to go against trump...
not win the general of course.
CaliforniaPeggy
(149,637 posts)4. I recall that someone is talking about challenging tRump...
But I don't remember his name. Not a well-known Republican.
rampartc
(5,412 posts)3. please reassure me that dimon would get less than 1% of the votes in any dem primary
if he ever runs i'm opening guilletine rental store with free torches and pitchforks.
CanonRay
(14,104 posts)6. What a tragic loss for the country
Vinca
(50,278 posts)7. Poor Jamie. He needs to find another hobby.
gratuitous
(82,849 posts)8. Statute of limitations hasn't fully run on some of his crimes?
That would be my guess.
Yavin4
(35,441 posts)9. The Oligarchs are removing their masks
Bloomberg, Schultz, Cuban, and now Dimon. They're tearing off the masks, removing all pretense.
Like Thanos, if you want to get something done, you have to do it yourself.