″[H]umility, openness, fairness [and] being authentic” are most important – “not [being] the smartest person in the room or the hardest working person in the room.”... Having these traits also increases your productivity, along with your success, Dimon said.
Success, as in promoted? That's patently laughable. Those very characteristics got people fired as executive and investor greed hollowed out our economy.
I've seen many honest, ethical leaders targeted for elimination after contacting corporate compliance departments with authentic concerns. They were open and quickly shuffled out the door.
WSJ reported:
A former JPMorgan Chase & Co. compliance executive has sued the bank for retaliation, saying it fired her after she pointed out gaps in its anticorruption controls and raised concerns about what she believed were misrepresentations to regulators.
Added to that, Dimon eschewed his assessment with a statement:
“No one would say Jamie Dimon is humble,” he said in July.Jamie Dimon didn't have the guts to say the real rules. Former Treasury Chief Larry Summers explained in 2009:
"I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders."--Larry Summers, Ph.D.
Political and personal connections are what gets people hired in Larry Summers economy. Take today's news:
Rep. Devin Nunes, R-Calif., will resign from Congress to become chief executive officer of former President Donald Trump’s fledgling social media company next month, the group said Monday.
Nunes will begin his new career despite having no apparent prior experience working in the tech industry or as an executive.
Insider sponsorship will get some people extremely wealthy in our PEU world. Qualifications do not matter.
Blind follower-ship is required in America's Government Corporate Monstrosity where the successful dance in and out of public service, eventually garnering a king's ransom from a smattering of what would seem to be full-time positions.
The people they "serve" are the moneyed class. Consider one such member.
U.S. hedge fund billionaire and philanthropist Michael Steinhardt has surrendered $70 million of stolen antiquities and accepted a first-of-its-kind lifetime ban on acquiring antiquities to resolve a criminal probe. The probe, begun in February 2017, found "compelling evidence" that the 180 antiquities were stolen from 11 countries, with at least 171 passing through traffickers before Steinhardt's purchases.
How would you fare if you were found in possession of stolen antiquities? Not so well. But there's more.
Over the course of more than 20 years, Michael Steinhardt repeatedly requested sex or sexual favors from female nonprofit workers who were relying on or seeking his financial support, and frequently made comments to women about their bodies and fertility.Steinhardt, a New York billionaire and hedge fund manager, is a major philanthropic figure.
There's no humility, just a selfish desire to possess more and more
