For some reason JPMorgan CEO Jamie Dimon issues TWO groveling apologies and ‘truly regrets’ joking that his bank ‘would outlast China’s Communist Party’ during Boston College speech

For some reason JPMorgan CEO Jamie Dimon issues TWO groveling apologies and ‘truly regrets’ joking that his bank ‘would outlast China’s Communist Party’ during Boston College speech

JPMorgan CEO Jamie Dimon has issued two groveling apologies a day after saying his firm would outlast China’s Communist regime.

Speaking at Boston College on Tuesday, Dimon quipped: ‘I was just in Hong Kong and I made a joke that the Communist Party is celebrating its hundredth year. So is JP Morgan. I’d make a bet we last longer.’

‘I can’t say that in China. They probably are listening anyway,’ the 65-year-old banker added.

But in a sign that even the King of Wall Street is wary of Beijing, he has since apologized – twice.

First Dimon said: ‘I regret and should not have made that comment. I was trying to emphasize the strength and longevity of our company.’

Hours later, he added: ‘I truly regret my recent comment because it’s never right to joke about or denigrate any group of people, whether it’s a country, its leadership, or any part of a society and culture.

‘Speaking in that way can take away from constructive and thoughtful dialogue in society, which is needed now more than ever.’

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Source: Daily Mail

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