Re:Jamie Dimon blows up at DC's dysfunction
by lucozade on Friday July 14, 2017 @01:12PM
(#14771380)
Threatened may well be too strong. Not given a choice is probably closer to the mark.
I strongly suspect that what he meant here was that he accepted the reasoning for asking all the big banks to participate. Not that he agreed that JPM needed the funding.
With Lehman down and ML and MS likely to go on the Monday, I can quite well imagine that everyone there accepted that a large, collective response was the only realistic option.
I strongly suspect that what he meant here was that he accepted the reasoning for asking all the big banks to participate. Not that he agreed that JPM needed the funding.
With Lehman down and ML and MS likely to go on the Monday, I can quite well imagine that everyone there accepted that a large, collective response was the only realistic option.