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Dimon immune from government action?
Does Jamie Dimon's status as the go-to guy for financial regulators confer any benefits? That's what one pundit--who has taken a look at JPMorgan restricted stock grants--wonders: "An interesting question arises from an examination of the fact that for the past two years grants were made on or around January 20. It just happened that the stock dropped prior to the grant and moved upward immediately after the grants. It's hard to accept the idea that those executives just got very lucky for two years in a row. Yes, I am suggesting collusion in the manipulation of the stock to accommodate the grants of options, etc."
It's a bold accusation. You get the feeling that spring-loading options will not be the issue it was in 2008. Still, the conclusions here may be a bit rash.
For more:
- here's the item via Seeking Alpha
Related Articles:
Grants news from FierceSarbox
Jamie Dimon news from FierceSarbox
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