Dimon Channels Diddy

The latest status symbol on Wall Street is a body guard. Jimmy Cayne has one, Eddie Lampert certainly does.

And Jamie Dimon appears to have one as well. This ex-Mossad agent might not be packing heat, but appears menacing all the same, protecting Dimon from the shitstorm he kicked up.

photo Patrick Andrade for New York Times

P-Diddy was a good short sale after Cannes, when Fonzworth Bentley famously sheltered him under an umbrella.

Bodyguards cost a fortune, so you will have to pinch pennies elsewhere.

.....the low-ball offer cast Mr. Dimon as an unscrupulous negotiator in the eyes of envious rivals, who felt no compunction in raiding Bear for its talent, with many employees only too happy to leave. The new terms, he hopes, will show him to be a more pragmatic deal maker, willing to seek compromise to save a deal that for the time being at least, brought a jolt of confidence to Wall Street.

Seeking Fast Deal, JPMorgan Quintuples Bear Stearns Bid
New York Times

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