Dimon's Warning Shot Across the Bow Jamie Dimon's annual shareholder letter sent shockwaves beyond Wall Street this year, as the JPMorgan Chase chairman and CEO delivered a stark message on defense contractors.
Dimon's warning was not about the bank's impressive revenue figures or return on equity, but rather a thinly veiled critique of government inaction. The U. S.
defense industrial base is facing a crisis due to years of underfunding and over consolidation.