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by Finnucane 485 days ago
Is creativity in banking really that important? Creativity in banking gave us the housing bubble. And the dot-com bubble. And redlining.
2 comments

No, and it is highly ironic that sanctimonious Dimon is complaining about others’ work ethic when he is where he is only because his employer is deemed too big to fail.

Let’s see him do his “difficult” job without a blank check from US taxpayers.

Creativity (the ability to form novel ideas, use imagination, engage in investigation, etc.) is a critical component of many workplaces, including banking and finance. Creativity is not a dirty word, nor is it a positive one. Creativity can be used for positive and negative ends. Creativity in finance brought the CFPB, Dodd-Frank, Glass-Stegall... along with De-regulation, Free Trade, or Laissez Faire.
The cfpb, Dodd-Frank,glass-steagall were bureaucratic responses to ‘creative’ (criminal) banking.
“Banking” being the operative concept here, I think, moreso than “creativity”