The point organization on investigating these losses and understanding what's going on ... is the New York Fed. Mr. Dimon is on the board of directors of the New York Fed. Is there anyone in the room who runs a corporation, who runs a non-profit, who runs any kind of organization with a board who would be comfortable with this situation? He should step down ... He should absolutely step down from this situation. It undermines the legitimacy and integrity of the Federal Reserve system.
Simon Johnson Rips Into Jamie Dimon's Conflicts of Interest
Pressure mounts on JP Morgan's CEO to step down from the New York Fed.