Jamie Dimon is no longer on Atlanta’s wanted list.
On Tuesday, CBS Atlanta reported the JP Morgan goldenboy had a warrant out for his arrest, related to an illegal dump at a property in the Georgia capital.
The New York Post, as is its wont, dug deeper into the story on Thursday:
According to Atlanta City Solicitor Raines Carter, local officials conducted an investigation and identified JPMorgan as “having an ownership interest” in the property. When a citation for the dumping violation was issued, Raines said it included both the name of the bank and its CEO, Dimon.
A hearing in Atlanta’s municipal court was scheduled for Feb. 18 for the bank, and apparently Dimon, to answer the charges. But no one showed up. That’s when the court decided to issue a failure-to-appear warrant.
…
The Atlanta official stressed that the city never planned to seek the arrest of Dimon, and that his involvement in the matter was being taken out of context. News of the tussle between the bank and the city was first reported by CBS affiliate WGNX in Atlanta.Nevertheless, the warrant got the bank’s attention, and it retained Alston & Bird — Atlanta’s second-biggest law firm — to investigate the matter.
According to sources familiar with the case, a lawyer from Alston & Bird held a conference call yesterday with James Shelby, commissioner of Atlanta’s Department of Planning and Community Development.
JPMorgan spokesman Joseph Evangelisti said the issue has been resolved.
But as with anything involving banks, lawyers and politicians, it’s not quite so straightforward.
According to the NY Post, JP Morgan claims not to own the property. But:
An official with the department agreed that the warrant had been dropped, but denied the bank is off the hook with respect to owning the property.
At least Dimon is free to fly to Atlanta whenever he wants.
Related links:
Jamie Dimon, free at last – Curious Capitalist
Dimon days – FT