A Finance Overhaul Fight Draws a Swarm of Lobbyists

ny times ^ | 4/20/10 | EDWARD WYATT and ERIC LICHTBLAU

[Nachum]

WASHINGTON — Assessing the battle to overhaul the nation’s financial regulations recently, Jamie Dimon, the chief executive of JPMorgan Chase, left no doubt about the consequences if Congress cracked down on his bank’s immense business in derivatives.

“It will be negative,” he said. “Depending on the real detail, it could be $700 million or a couple billion dollars.”