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Private equity took Jamie Dimon's warnings to heart. Here's why.

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Summary
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81% Informative

JPMorgan CEO Jamie Dimon recently blasted private equity firms hiring junior bankers for future-dated jobs.

Apollo Global Management and General Atlantic heeded the warning and announced they'd stop the practice this year .

Industry insiders say Dimon 's words of warning have made it easier for firms to heed the warning.

The golden age of private equity has been over for some time now, thanks to higher borrowing costs and a persistently sluggish deals market.

VR Score

85

Informative language

83

Neutral language

68

Article tone

informal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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