JPMorgan Chase CEO Jamie Dimon apologized after making a joke about the Chinese Communist Party.
The New York Times reported:
At the Boston College Chief Executives Club on Tuesday, Mr. Dimon relayed a recent joke he had made comparing the longevity of the multibillion-dollar bank and China’s ruling party. “I made a joke the other day that the Communist Party is celebrating its 100th year,” he said at the event. “So is JPMorgan. I’d make a bet that we last longer.”
He added: “I can’t say that in China. They are probably listening anyway.”
On Wednesday, the executive issued an apology, according to the New York Times:
“I regret my recent comment because it’s never right to joke about or denigrate any group of people, whether it’s a country, its