Author: climateer
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An opportunity to hammer-home what is probably the most important fact about the current iteration of the American economy.Lifted in toto from Benzinga, April 18:In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon’s J.P Morgan Chase & Co.In advance of the crisis, Jamie Dimon
realized that "underwriting standards were deteriorating across the
industry,"
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