Boss Says 2009 May Be 'Finest Year Ever'

JPMorgan Chase's annual meeting went off to plan this week. There were very few stockholders screaming for blood, and a limited number of votes against the board. And all because CEO Jamie Dimon has sucessfully navigated the bank through recent challenging times.

Ok, one stockholder complained about bonuses (Dimon was quick to point out that he didn't get one in 2008), and some pointed to the low dividend and shook their heads (Dimon said that he may review the recent cut at the end of the year), but basically it was a love fest for the JPMorgan CEO.

In typical Dimon style, the boss hit out at the US government's restrictions on hiring overseas workers ('a complete and utter disgrace'), and complained that the TARP experience was a 'traumatic', saying that it morphed into something 'painful'.

And, after watching a video snapshots of the failures and shortcomings of rivals over the last year, Dimon said that he thought that the last 12 months may well end up going down as his bank's 'finest year ever'.