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.
The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman demystifies it and explains what matters to you. Rick is the author of Rebounders: How Winners Pivot from Setback to Success and the co-author of two other books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.
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