Dimon does not care because he isn’t affected and because JP Morgan Chase is too big to fail. He’s rich enough that he can own multiple residences, commute on a

Dimon does not care because he isn’t affected and because JP Morgan Chase is too big to fail. He’s rich enough that he can own multiple residences, commute on a helicopter, and all that. And to him, this job is his whole life and he probably does not care much about sacrificing other things. Employees don’t have the same situation. But the real issue is that this company is immune to competition and consequences from a large number of employees fighting all this. All the large banks are propped up by our political, regulatory, and financial systems. You can’t start a new competitive and sustainable bank easily. Why would he listen when reduced competition and too big to fail protect him and the company from consequences?