Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

jamie dimon conflict of interest?

isn't it a clear conflict of interest when someone can be on the board of the federal reserve bank of new york AND be CEO of JPMorgan???

or is it conflict of interest ONLY when the CEO cares about his multi-million dollar personal stock portfolio and the other executives care about things like shareholders, the customers, you know, the employees, and the stakeholders as a whole?

Update:

xpatinasia, can you tell me what conflict of interest means then? please

Update 2:

xpatinasia, can you tell me what conflict of interest means then? please

2 Answers

Relevance
  • 9 years ago
    Favorite Answer

    Of course it is a conflict of interest, however that is the way the Fed is set up. That is why there are so many people who want to get rid of it.

  • 9 years ago

    No, not at all. Perhaps you ought to learn what "conflict of interest" implies.

Still have questions? Get your answers by asking now.