THE LONDON WHALE INVESTIGATION BY JP MORGAN DIRECTOR LABE JACKSON

SEIU Janitors Protest Firing by JPMorgan Chase“At a JP Morgan board meeting in Tampa FL, CEO Jamie Dimon said to the directors, “I can’t run this business and run an investigation at the same time.” This is the story of how that investigation came to be, and the background and circumstances that led up to it, told by a JP Morgan board director.

The board appointed audit chair Labe Jackson, audit committee chair, former Exxon CEO Lee Raymond, and former Johnson and Johnson CEO, Bill Weldon, to oversee the investigation. A number of months later the committee brought forth its findings and made them public, one of the great moments in disclosure of corporate activity in the history of corporate governance.