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(1). Something completely overblown that’s really not a big deal at all.
(2). Something Jamie Dimon really wishes he never said.
“Now Legal wants to get involved with this? That’s ridiculous! This is just a tempest in a teapot. So what if we lost millions of client dollars by betting it all on the pass line! That’s why they call it gambl…investing, isn’t it?!”
(1). The list of things you need to do before you can start those high fives.
“Okay, team … so, I’ve circulated a matrix of our success criteria for this project. Our timeline is three weeks, so no going home for you guys! Well … good night everyone.”
(1). A way for members of a steady, but weak business unit to justify their continued existence to the rest of the firm.
“C’mon, Larry, cheer up. Here at Best Buy, there’s no shame in being assigned to the wire department. Sure, it’s not like it’s TVs, but it keeps the lights on!”
