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

Source: Business Insider

Jamie DimonLudovic Marin/Pool via Reuters; Rebecca Zisser/BIJPMorgan recently drew a line in the sand over private equity's recruiting of its newbie bankers. Within days, Apollo and General Atlantic said they would bow out of the practice this year. Here are some of the other factors that may have played a role in their decision.