To paraphrase the old E.F. Hutton commercials, "When Jamie Dimon talks, people listen."
Dimon, the chairman and chief executive officer of JPMorgan Chase & Co., was one of the group of Wall Street honchos who met with U.S. president Barack Obama last week to talk about all the reasons that it's a really bad idea for Congress to use raising the debt ceiling as a political bargaining chip. Now that a debt default is looming larger and larger on the horizon, Dimon shared his thoughts with me in a brief conversation on Tuesday afternoon.
