Stripping Dimon of Chairman Title Is - Nuts,' Langone Says

Apr 26, 2013 Full story: Bloomberg

Kenneth Langone, the billionaire co-founder of Home Depot Inc. , said Jamie Dimon is one of the best U.S. business leaders and should keep his dual role as JPMorgan Chase & Co.

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backsmokefillroo ms

Bryn Mawr, PA

#1 Apr 29, 2013
From one of the good ol boys in a smoke filled backroom where he arranged and or awarded executives 100s of millions of dollars in excessive pay packages. He's an executives best friend. In one case he got an executive additional millions through a back door so to speak.

The board is supposed to oversee or be a second opinion to company/corporate policy. How can a company get a true second opinion if the CEO is also in charge of those in charge of that second opinion or oversight. Conflict of interest in it's highest form. But is also business as usual in many corporations.
bob is gone

El Cajon, CA

#2 May 11, 2013
Langone is a fool. It was he who brought in Bob Nardelli at HD, and the company has never been the same since. Langone can kiss my buttcheeks.

Since: Nov 12

Davao, Philippines

#3 May 11, 2013
nice thread. thanks for sharing that information. it was very informative.
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Since: May 13

Spencer, MA

#4 May 12, 2013
Don't know if I agree with that!

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