Why Jamie Dimon Will Bounce Back

The J.P. Morgan honcho screwed up--but that could make him a better CEO.

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I chatted recently with Melissa Francis of Fox Business about J.P. Morgan CEO Jamie Dimon's testimony before the Senate Banking Committee. Some people have called for Dimon to resign over the startling trading loss that could cost the bank $2 billion or more.

But Dimon, in my view, could learn important lessons from the mistake, and become a better CEO.

Here's a clip from the program:

Rick Newman is the author of Rebounders: How Winners Pivot From Setback To Success. Follow him on Twitter.