Inside Financial Services

Thursday Headlines: JPM’s Dimon says banks “are under assault”

One Response to “Thursday Headlines: JPM’s Dimon says banks “are under assault””

  1. Andres

    It sickens me to see the media like Suze Orman, Jim Cramer, CNBC, CNN, and all the tlkaing heads carry on now about who was watching the lenders devour the sheeple. It was back in 2004 & 2005 when I knew something dreadfully wrong in the mortgage industry and wasn’t getting any answers from the financial MSM. Feeling starved for the truth, I turned to the internet to find alternative sources for news and information. That is how I found Housing Panic and more. The media was just as guilty as the government for allowing this to go on. I hope they all lose their reputations. Suze Orman had plenty of opportunities to warn her audience and did not until things already unraveled. Either I was smarter than her to see this meltdown coming before she did (which I doubt, I suspect I am more ethical than her but I doubt smarter) or she was afraid to say anything because her show would be in jeopardy. So she chose to be quiet when she should have been speaking up and needs to point quite a few fingers back at herself.

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