Daily Archives: February 14, 2015

Here’s what it takes to be JPMorgan CEO Jamie Dimon’s bodyguard

Our friend @GSElevator spotted an old job listing on LinkedIn for an “Executive Protection Specialist” at JPMorgan Chase (a.k.a. a bodyguard for CEO Jamie Dimon).

Defensive skills and at least 10 years of law enforcement experience is a must.

The listing on LinkedIn is 311 days old. The posting says it’s “no longer accepting applications.” That’s because the position was filled months ago.

JPM screen shot 2015-02-13 at 1.46.49 pm

JPM screen shot 2015-02-13 at 1.52.20 pm

Source: Business Insider

Bad workers? Fire them says Jamie Dimon

super dimon


The blunt-speaking Dimon, chairman and CEO of Chase, created a stir when he told the city’s business and civic leaders that they need to fire workers dragging down a company.

“They will destroy your companies,” he said.

Dimon said the U.S. economy is doing well, but he blamed poor government and regulatory policies for hurting growth.

“We’re growing at 2.5 percent. We should be doing better,” he said.

“I blame them all,” Dimon said of politicians. “To me, they waste a lot of time pointing fingers and not collaborating.”

Fresh off new reports showing that tens of thousands of young people are being left behind in the Columbus area even as its economy continues to grow, Dimon urged local business leaders to do more to help get students ready for work.

“Workforce readiness is a huge issue in the United States and a huge issue around the world,” Dimon said.

Goldman Sachs Hired 3% of 267,000 Job Applicants Last Year

(Bloomberg) — Goldman Sachs Group Inc. hired just 3 percent of more than 267,000 job applicants last year, as the firm told investors it’s still the top destination for bankers.

Almost 90 percent of those offered a position chose to join, Chief Executive Officer Lloyd C. Blankfein said Tuesday at an investor conference in Florida. Blankfein touted the firm’s simpler business model and higher profitability compared with rivals and said the bank has made progress even as return on equity remained at about 11 percent the past three years.

Read on.

Ex-Goldman Sachs employee shot man 8 times over $35

WPIX 11 New York

Alexis Sanchez (left, Dept. of Corrections) and his 42-year-old victim Stephen Mari (right, handout). Alexis Sanchez (left, Dept. of Corrections) and his 42-year-old victim Stephen Mari (right, handout).

PARKCHESTER, The Bronx (PIX11) — After losing his job at Goldman Sachs, a man resorted to murder to get more heroin, a jury decided Wednesday.

31-year-old Alexis Sanchez was convicted in the 2nd-degree murder of Stephen Mari and criminal possession of a weapon Friday.

In Nov. 2011, Sanchez had been out of his job at Goldman Sachs for two weeks and was looking to buy heroin from his regular dealer, Mari, prosecutors said.

Sanchez wanted to buy $180 worth of the drug but knew he was $35 short, so he lured the 42-year-old father to an alleyway on Purdey St.

Sanchez proceeded to shoot him eight times, leaving Mari there to die. Sanchez sped off in mother’s SUV, and was on the loose for 9 months.

After a two-week trial, it took a jury a day…

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Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Ocwen Financial Corporation Stockholders

NEW YORK–(BUSINESS WIRE)–Kirby McInerney LLP is investigating potential claims against the Board of Directors of Ocwen Financial Corporation (“Ocwen” or the “Company”) (NYSE:OCN) for possible breaches of fiduciary duty and other violations of state and federal law.

If you are an Ocwen stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email atbwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Read on.

Grandma accidentally sends rent check to Comcast (Comcast cashes it)

Citigroup, Goldman, UBS in $235 million mortgage settlement

Citigroup Inc (>> Citigroup Inc), Goldman Sachs Group Inc (>> Goldman Sachs Group Inc) and UBS AG (>> UBS AG)agreed to pay $235 million in cash to settle U.S. litigation accusing them of concealing the risks of mortgage securities sold by the former Residential Capital LLC before the global financial crisis.

The preliminary settlement with investors who bought the securities was made public on Friday in filings with the U.S. District Court in Manhattan, and requires court approval.

It is separate from a $100 million accord that investors reached in 2013 with ResCap entities and individuals. That accord has won court approval.

Read on.