Dimon's Jewel

摘要

For a guy who majored in psychology in college, Jamie Dimon has remarkably little patience for having his head shrunk. Ever since Dimon. was pushed out of Citigroup in 1998 by CEO Sandy Weill, his mentor and friend, and became CEO of Chicago-based Bank One, Wall Streeters have speculated that he had something to prove. By turning the beleaguered lender into a financial-services powerhouse, the thinking went, Dimon would demonstrate just how essential he had been in helping build Citigroup. Perhaps he would even eventually merge Bank One with Citigroup and succeed Weill in a final act of redemption. But as recently as last summer, Dimon was dismissing this theory as nonsense. "Whoever says that I have something to prove doesn't know me that well," the fast-talking New Yorker told Time. Last week, even after announcing Bank One's $58 billion merger with New York City-based J.P. Morgan Chase, Dimon was sticking to his lines. "It is all psychobabble," he said late last week. " I didn't need to come back to New York."