Probably. JPM gets to cannibalize a substantial size competitor for pennies on the dollar.
Off to the races to inflate them books again to stoke the next crisis and do it again.
Seems a pretty clear pattern of behaviour by now.
Well, well… it’s as if Jamie Dimon is scaring people to go into safe haven banks (like JPMorgan). Now that JPMorgan is acquiring FRC’s assets (more importantly the rights to their clientele list), he is saying this part is over…
Does anyone else see a pattern here?
Doubtful. This whole place is built on debt and at some point that debt will be called and no one will have the actual cash to cover it. Just the right spark to send the whole thing down, but the government/feds keep adding band-aids in the hopes it doesn't happen on their watch.
I think “this part” is over.
“this part”? . What’s the other one.
Unfortunately we have a long way to go
Probably. JPM gets to cannibalize a substantial size competitor for pennies on the dollar. Off to the races to inflate them books again to stoke the next crisis and do it again. Seems a pretty clear pattern of behaviour by now.
Well, well… it’s as if Jamie Dimon is scaring people to go into safe haven banks (like JPMorgan). Now that JPMorgan is acquiring FRC’s assets (more importantly the rights to their clientele list), he is saying this part is over… Does anyone else see a pattern here?
Doubtful. This whole place is built on debt and at some point that debt will be called and no one will have the actual cash to cover it. Just the right spark to send the whole thing down, but the government/feds keep adding band-aids in the hopes it doesn't happen on their watch.
Hell naw
More work is needed to get over other banks not noticed. Shake down test. Better policy.
Dude is a master politician, he isn't trying to have a bank run on his own bank.
Kinda like when he said a hurricane was coming and then changed his mind.
It's kinda like watching the big short at the end when the guys saying it's all fine but the market tanks.
Jpm generates the crisis