Jamie Dimon, the chief executive of JPMorgan Chase, arrived at the Justice Department on Thursday amid reports that the bank is negotiating a multibillion-dollar settlement over the sale of distressed mortgage securities ahead of the financial crisis.
The thought of Mr. Dimon sitting down in a room with Attorney General Eric Holder has excited Wall Street and the financial media.
Proposals have emerged that would require JPMorgan to pay anywhere from $3 billion to about $7 billion, people briefed on the negotiations said.
But before the proposals could proceed any further, Mr. Dimon had to show his New York driver’s license to G. Rocher, a security officer at the Justice Department building in Washington. What did the two discuss ahead of big talks? As always, we turn to Twitter for the answer.
Whatever Mr. Dimon said it must have worked. He soon entered the building.
