So, we are wary when we recognize that already out there is the question if JPMorgan Chase Jamie Dimon should be fired. In FORTUNE, Elanor Bloxham looks at that issue. Rumors are swirling that the loss from derivatives at the investment bank could total about $9 billion.
If Dimon gets his walking papers he will be in a growing alumni society of former CEOs. In its 12th annual survey of CEO tenure, Booz & Company found that in 2011, 14.2% of the world's 2500 largest corporations replaced their CEOS.
On the one hand there are the governance matters. On the other hand there are the practical ones that The Street and individual shareholders don't cotton to churn. The devil you know usually is better than the devil you don't know.