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Back in October, the most wonderful aspect of the JPMorgan Whale Tale emerged in the pages of Vanity Fair: the day Vice-Chairman Jimmy Lee barricaded himself in his office determined to come up with a way to help Jamie Dimon, and after hours of thinking real hard, summoned his six secretaries and told them they had a job to do, which was getting Tom Brady on the horn so he could deliver a pep talk sure to cheer up the boss. Was the call kind of awkward, considering the two had never spoken and Brady’s lack of useful investment ideas likely meant his big speech involved not much more than “Even Super Bowl champion quarterbacks have bad days” and “Keep your chin up out there?” Probably. And yet some sort of bond was clearly forged, which would explain why Dimon felt compelled to throw Brady this bone:
Dimon said [yesterday during a panel discussion in the German town of Koenigstein] that Tom Brady, the New England Patriots football player who has passed Joe Montana for the most National Football League playoff wins by a quarterback, called to cheer him up after the trading loss. “I owe him a lot,” Dimon said.
“A lot” seems like a bit of a stretch but a nice gesture following Brady’s fourth-consecutive season-ending bed-shitting nevertheless.
Jain Calls With JPMorgan’s Dimon to Allow Banks to Fail [Bloomberg]
Earlier: On One of The Worst Days Of WhaleGate For Jamie Dimon, JPMorgan’s Vice-Chairman Thought It Would Make Him Feel Better To Hear From Another Guy Who’s Sort Of But Not Really Been There