Durbin Wants to Stop Dimon

JPMorgan Chase and Company CEO, Jamie Dimon wrote a “dismissive critique” calling the Durbin Amendment "downright idiotic" in a message to shareholders.  An annoyed Dick Durbin responded angrily with a 5 page letter telling Dimon:

“The American people deserve to know the real story about the interchange fee system and the ways that banks in general — and Chase in particular — have abused that system.”

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