In an ideal world CEOs would not have this kind of immature bias. But they are forced to be "politicially correct" for lack of a better term, because thats how they gain power and influence in this world. I mean thats how you grow shareholder value. But that was in an expanding credit, liberally spending government fiat world. And this is coming to an end it seems. However, Dimon seems to have chosen to stick with the "old way", and is not willing to adapt it seems and that can be disaster for a company. But lets see.