Jamie Dimon Knew Subprime ' Could Go Up In Smoke ' ; Now He ' s Worried About An Artificial Economy ' Fueled by Government Deficit Spending '

In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late…#jamiedimon #jpmorganchaseco #jpm #jpmorgan #noneinvest #uber #apple #transforming #nonejoin #epicgames
Source: Reuters: Health - Category: Consumer Health News Source Type: news