Monday, May 14, 2012

Superhero Elizabeth Warren rises up against Jamie Dimon

Superhero Elizabeth Warren.
I enjoyed seeing Marvel’s Avengers with my son and daughter-in-law yesterday afternoon. I was unfamiliar with all the superheroes in the film, but soon caught on to the plot and appreciated the pervasive humor. My favorite scene showed the Hulk taking out the “puny God” Loki, who was behind all of the evil doings.

Scanning the online news coverage this Monday morning, it occurred to me that America has a superhero in real life – her name is Elizabeth Warren. Warren has been effectively challenging Wall Street – the villain behind the Great Recession - and she just rose up against JPMorgan Chase CEO Jamie Dimon:

Elizabeth Warren called on JPMorgan Chase CEO Jamie Dimon to resign from his post on the Federal Reserve Bank of New York's board, citing the need for "responsibility and accountability" in the financial industry. 

Dimon, who disclosed a $2 billion loss by the banking giant last week, should "send a signal to the American people that Wall Street bankers get it and to show that they understand the need for responsibility and accountability," Warren said in a statement following Dimon's Sunday appearance on "Meet the Press."

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