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0 0.000735364644946824 0.00031972375867258 0.000127889503469068 -0.000319723758672398 -0.000479585638008688 -0.000394858841960478 -0.000543530389743131
Stock impact report

When Jamie Dimon poached a top Berkshire exec, he called Warren Buffett, who said ‘If he's going anywhere, at least he's going to you' [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
The longtime JPMorgan Chase CEO hired former Geico CEO Todd Combs away from Berkshire Hathaway in December, hand-picking him to lead a $10 billion investment group as part of JPMorgan's Security and Resiliency Initiative aimed at helping companies accelerate manufacturing. During a U.S. Chamber of Commerce event Thursday, Dimon said he had called Buffett personally to tell him the unwelcome news. He claimed Buffett accepted the outcome, preferring that his former executive land at JPMorgan than elsewhere. “It's a free country, and people make their own decisions,” Dimon said. “I did call Warren. He probably wouldn't have preferred it, but he said, ‘if he's going anywhere, at least he's going to you.'” Berkshire Hathaway and Warren Buffett did not immediately respond to Fortune ‘s request for comment. In a market saturated with executive moves, Dimon's Combs hire matters because Berkshire Hathaway is a decentralized empire that draws its strength from the long tenures of its l Show less Read more
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