Capital Gold Group Breaking News: J.P. Morgan CEO "Problem is going to get far worse"

By John Jameson on July 8, 2008 11:29 AM | Permalink

Bloomberg Television
7/8/07

In his address to the FDIC conference in Arlington, Virginia today, J.P. Morgan CEO Jamie Dimon stated that the correction in the banking industry is still taking place and that the problem is going to get far worse.

He stated that "the next shoe to drop" will be commercial banks and regional banks, specifically loans to builders.

FDIC, J.P. Morgan, Jamie Dimon, Capital Gold Group, gold group, gold, gold prices, gold news, gold coins, gold bullion, gold IRA, IRA gold

This page contains a single entry by John Jameson published on July 8, 2008 11:29 AM.

Capital Gold Group Report: Gold a Quality Asset in Ongoing Financial Crisis: SEC Probe of Raters Reveals Conflicts in Grading Debt was the previous entry in this blog.

Capital Gold Group Report: Gold Responds to Tensions between Iran, the U.S. and Israel is the next entry in this blog.

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Capital Gold Group Breaking News: J.P. Morgan CEO "Problem is going to get far worse"

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