Filed Under:Markets, Company News

Dimon's Free PR Lesson

JP Morgan CEO Jamie Dimon. (Paul Sakuma AP Images)
JP Morgan CEO Jamie Dimon. (Paul Sakuma AP Images)

This is a country that loves a good fall from grace. I am willing to bet that there is more schadenfreude in a Los Angeles or New York block than there is among all of our Teutonic brothers across the Atlantic; the only difference is that they acknowledge it with a term unique to the German language and we hid behind the lack of an English translation and pretend that schadenfreude doesn’t exist.

But more than we love to see someone famous or someone in power experience a public collapse (reaffirming our deeply held belief that everyone is just as screwed up as ourselves), we are enamored by contrition and absolve people completely once they publicly admit they are wrong in what can only be a type of hedge for when we inevitably make a mistake ourselves.

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Nichole Morford

Nichole Morford
Managing Editor

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