TRUE LEADER: Trump spoke with top executives as stocks plunged

Image credit: THESTREET

Bloomberg reports President Donald Trump held a conference call Wednesday amid a plunge in the stock market with three of Wall Street’s top executives — JPMorgan Chase & Co.’s Jamie Dimon, Bank of America Corp.’s Brian Moynihan and Citigroup Inc.’s Michael Corbat.

The three chief executives were in Washington for a previously scheduled meeting with Treasury Secretary Steven Mnuchin on banking secrecy and money laundering, according to people familiar with the matter. On a conference call, they briefed the president, who was at his resort in Bedminster, New Jersey.

The talks came during a tumultuous day in markets as Trump’s trade war with China continued to cast a cloud over the global economy. Stocks plummeted as signs appeared in the bond market a recession could be on the horizon.


  1. Our community sometimes has a problem differentiating fact and commentary. This article is news, the headline that includes your commentary on the story detracts from its credibility and impact. I personally cannot read the Yated any more due to this. If you like the current president, write an editorial saying that. But leave the news to facts, not opinions. Keep the two separate.


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