The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31074
Likes: 52495


Maybe some of the bankers on board can weigh in, but it's


my impression that JPM was one of the best managed of the big banks and played a key role in helping to prevent an even bigger meltdown by acquiring WAMU and Bear Stearns at the request / pressure of the gov't (and were then later sued by the gov't for acts committed by those companies prior to being acquired). As to the $25 billion... weren't ALL banks REQUIRED to take TARP money? So it's not like JPM had a choice. And, didn't they pay back all of the borrowed money plus interest? If you're going to take shots at a banker/bank for mismanagement, I don't think Dimon/JPM is the place I would start.

(In response to this post by Shenhoo)

Posted: 04/10/2019 at 9:37PM



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