Jamie Dimon Draws a Bernie Sanders Taunt by Knocking Socialism

Jamie Dimon

Photographer: Giulia Marchi/Bloomberg
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Senator Bernie Sanders lashed out at Jamie Dimon on Twitter after the chief executive officer of JPMorgan Chase & Co. criticized socialism during an appearance in Washington.

Dimon, speaking at a Business Roundtable event on Wednesday, said giving the government control of companies allows them to be used for political purposes, leading to deterioration. He said it would be a “huge mistake” for the U.S. to go down that path.