Poor Jamie Dimon!

At last week’s World Economic Forum in Davos, Switzerland, the JPMorgan Chase chief executive once again lambasted the media and politicians for portraying all bankers as greedy evil-doers.

It was at least the 12th time since the start of the financial crisis that Dimon has complained about Wall Street critics painting all bankers as cut from the same cloth.

If Dimon seems unusually thin-skinned, many industry insiders say, it is an indication of the importance the 54-year-old Queens, New York native places on his legacy — and how that will affect his ability to forge a life beyond finance.

Dimon has worked hard over the years to sell investors and analysts on the notion that JPMorgan doesn’t play by the same set of brass-knuckled rules as Goldman Sachs Group, Citigroup or even Bear Stearns — which Dimon acquired with a healthy dollop of taxpayer help in the early days of the crisis.

He also likes to portray himself as a regular guy, who just happens to run a banking colossus. But there’s another side to the popular narrative about Dimon the Good and how he outperformed his peers by steering clear of things like subprime-backed mortgage securities. In reality, the main reason JPMorgan didn’t load up on subprime debt as much as other banks was because it was slow to enter the market, critics say.

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http://uk.reuters.com/article/2011/02/04/us-jpmorgan-dimon-idUKTRE7133EE20110204