JPM CEO Says “System Is Very, Very Sound” After Second Largest US Bank Failure In History, He Is a Big Part of the Problem! HNewsWire Update: There Was a Blood Bath in Some Bank Stocks Yesterday: So Much for Jamie Dimon’s Prediction That It’s the End of the Banking Crisis By Pam Martens and Russ Martens: May 2, 2023 ~ There are two critical things you need to know about JPMorgan Chase’s Chairman and CEO Jamie Dimon’s ability to stabilize the banking crisis: (1) he’s tried twice and failed both times; (2) his bank is a key financier of hedge funds, some of which are undermining bank stock prices with short selling. The Financial Times reported on April 5 that “Hedge funds made more than $7bn in profits by betting against bank shares during the recent crisis that rocked the…
Join Now
