Gem of the day

Chris Blackhurst, a London Evening Standard columnist, offers up nothing less than a Total Davos Smackdown today. The trigger for his extremely well-delivered commentary? This declaration from JP Morgan CEO Jamie Dimon:

"My interest in the world is not banks, it's making it a better world, a better place for everyone."

Here's a few of the choice responses Blackhurst levels at Dimon [and his peers'] visionary BS:

• How many of you have appointed directors who, despite the love you declare for hearing opposing views in the thin mountain air at Davos, you know will not challenge you in the distinctly less heady atmosphere of your boardroom?

• How many of you have told your lawyers to drag out a legal action for as long as possible and to not settle, in the hope that the litigant, who has a solid case, will give up because he or she cannot afford to pursue it?

•  How many you have lobbied against changes to the law and regulations which are intended to benefit society as a whole, but make your cost of doing business slightly more expensive?