Book Review: The House of Dimon, by Patricia Crisafulli [View article]
I find this article chafes my spirit rather uncomfortably.
All you have to do is look at JP Morgan's Balance Sheet. With a (miraculously rising?) current ratio of 1.08 and an indiscernible mix of debt, I don't trust Dimon and Co. at all.
The next wave of credit problems is coming, and without the consistent and directed strategical planning of our money masters, JPM wouldn't survive the next wave - Along with every other highly leveraged megabank.
Book Review: The House of Dimon, by Patricia Crisafulli [View article]
All you have to do is look at JP Morgan's Balance Sheet. With a (miraculously rising?) current ratio of 1.08 and an indiscernible mix of debt, I don't trust Dimon and Co. at all.
The next wave of credit problems is coming, and without the consistent and directed strategical planning of our money masters, JPM wouldn't survive the next wave - Along with every other highly leveraged megabank.