Economy News Jamie Dimon Knew Subprime Could Go Up In Smoke Now He S Worried About An Artificial Economy Fueled By Government Deficit Spending

Why Jamie Dimon is warning of ‘cockroaches’ in the US economy

When a pair of overleveraged Bear Stearns hedge funds imploded in 2007 when American stocks were at all-time highs many shrugged the episode off. Later, it became apparent that those bankruptcies were ... Read More

Tricolor Collapse Should Be Warning to Everyone, Jamie Dimon Says

Tricolor's collapse led to $170 million in charge-offs for JPMorgan Chase during the third quarter, but the bankruptcy of the subprime auto lender could be indicative of more widespread problems, JP ... Read More

Jamie Dimon warns of 'cockroaches' in US economy as credit concerns grow

JPMorgan Chase CEO Jamie Dimon warned of credit risks lurking in the economy, comparing them to cockroaches after failures of Tricolor and First Brands. Read More

Jamie Dimon Delivers A Harsh Statement

Summary: JPMorgan CEO Jamie Dimon has issued a warning about hidden financial risks as signs of deeper cracks begin to emerge in the credit markets. Dimon cited recent bankruptcies like Tricolor and ... Read More

Jamie Dimon warns, ‘When you see one cockroach, there are probably more,’ after Tricolor loan loss

JPMorgan Chase & Co. Chief Executive Jamie Dimon warned Tuesday that when it comes to bad loans, if there’s one, more are likely to emerge, especially if the economy weakens. The banking giant JPM ... Read More

Why Jamie Dimon is warning of ‘cockroaches’ in the US economy

(CNN) — Many Americans shrugged off the implosion of a pair of overleveraged Bear Stearns hedge funds in 2007. Stocks were at record highs, after all. But later it became apparent that those ... Read More