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Jamie Dimon Trivia Questions

How much do you really know about Jamie Dimon? Below are 8 true or false statements. Click each one to reveal the answer and explanation.

1.

Jamie Dimon has never publicly criticized Bitcoin or other cryptocurrencies.

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Easy
✗ FALSE

Dimon has repeatedly called Bitcoin a 'fraud' and a 'Ponzi scheme' in public comments, though JPMorgan now offers crypto services.

2.

Dimon famously lost $6.2 billion in the 'London Whale' trading scandal, but kept his job.

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Easy
✓ TRUE

In 2012, JPMorgan's CIO office made disastrous derivatives bets. Dimon initially called it a 'tempest in a teapot,' but the bank lost billions.

3.

Dimon played a key role in the merger that created Citigroup, the largest bank merger in history at the time.

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Medium
✓ TRUE

As Sandy Weill's protégé, Dimon helped orchestrate the 1998 merger of Travelers Group and Citicorp, forming Citigroup.

4.

Jamie Dimon has been CEO of JPMorgan Chase since it was formed by merger in 2000.

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Medium
✗ FALSE

Dimon became CEO in 2005, not 2000. He joined after the merger with Bank One, where he was CEO.

5.

Jamie Dimon once worked as a management consultant at McKinsey & Company before joining banking.

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Medium
✓ TRUE

After Harvard Business School, Dimon worked at McKinsey for a short time before his mentor Sandy Weill recruited him to American Express.

6.

Dimon was diagnosed with throat cancer in 2014 but continued to work during treatment.

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Medium
✓ TRUE

He announced his throat cancer diagnosis in July 2014, underwent chemotherapy and radiation, and returned to full-time work in just a few months.

7.

Jamie Dimon started his career as a taxi driver in New York City to pay for college.

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Hard
✗ FALSE

Dimon came from a wealthy Greek-American family; his father was a stockbroker, and he attended Tufts before Harvard Business School.

8.

Jamie Dimon is a registered Democrat who has donated exclusively to Democratic candidates.

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Hard
✗ FALSE

Dimon has donated to both parties. While he leans moderate Democrat, he has given to Republicans like Mitt Romney and has criticized both sides.

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