korrents

A korrentour readingWhat is a korrent?

The banks earning the highest returns on equity before 2007 mostly went bankrupt, and earning less in the good years is what let JP Morgan survive.

Drawn from what Jamie Dimon said

A private bookmark. Not a position, and never counted.

What Jamie Dimon actually said

Word for word, with the source under each one. They did not write this page.

  1. Jamie Dimon

    Chairman and chief executive of JPMorgan Chase

    if you look at the history of banks from up until 2007, a lot of banks were earning 30% equity. Most of them went bankrupt. We never did that much. Okay, but in '08 and '09, we were fine, and they weren't.

Added to korrents 16 Jul 2025 · How quotes work · Something wrong? Tell us

Do you hold this korrent?Do you also believe this?

Sign in to record that you hold this, with a confidence number of your own.

Related korrents

Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.

See this on the map →