Jamie Dimon Calls Out Wells Fargo on Lack of a CEO Succession Plan

The transcript discusses the lack of a succession plan at Wells Fargo, highlighting regulatory concerns and Jamie Dimon's perspective on leadership transitions. It explores the challenges of attracting leaders to a troubled bank and the opportunities in fixing broken systems, with references to Warren Buffett's approach.

What challenges did the speaker identify in attracting talent for a turnaround at Wells Fargo?

What contrasting views were presented regarding taking over a broken versus a successful company?