FWIW... I worked for JPM and one of the guys in our group ran a scheme to game the electrical markets in California. He basically found a loophole in the system, so it wasn’t technically illegal, but it was unethical for sure. He got caught and our group got fined a ton of money. Jamie had no way of knowing what was going and can’t be held accountable for that. It was one quant nerd who hatched the scheme and a trader who pulled it off IIRC. Also, in regards to your post about JPM taking bailout money. I might have some of my facts wrong here, but I believe all of the major banks were forced to take the money. JPM didn’t need it and paid it back quickly. Again, I could be wrong about that, but that’s the way I remember hearing it back then. I never met Jamie, but I was always under the impression that he was one of the good ones (at least as far as giant banking CEO’s go). Again, could be wrong about that too.