Says 10 Percent of its New Hires Last Year Had Criminal Histories If you’re the Chairman and CEO of a trucking company or air conditioner installer or a computer manufacturer (or thousands of other companies that don’t handle cash and have access to personal and financial data on millions of Americans) announcing to the world that 10 percent of your company’s new hires last year had criminal backgrounds might make you look like a social justice advocate.
If you’re Jamie Dimon, Chairman and CEO of the largest bank in the U.S. with 5,023 bank branches across the country taking in cash each day that represents the life savings of moms and pops and pension funds, announcing that 10 percent of last year’s new hires had criminal backgrounds is not exactly a confidence builder – especially since Dimon’s bank has been charged by the U.S. Department of Justice with an unprecedented five criminal felony counts since 2014. All of the felony counts occurred during Dimon’s tenure as Chairman and CEO, and while his Board of Directors made him a billionaire with stock grants and bonuses. In addition, the bank has a broader rap sheet that likely draws the envy of the Gambino crime family.