JP Morgan CEO Blames Debt Problems On Banks And Regulators

Chief executive officer of JP Morgan Chase & Co., Jamie Dimon, blamed banks and regulators for allowing consumer debt to build up, according to Bloomberg. JP Morgan has been surviving the economic crisis far better than its counterparts. The company

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Chief executive officer of JP Morgan Chase & Co., Jamie Dimon, blamed banks and regulators for allowing consumer debt to build up, according to Bloomberg.

JP Morgan has been surviving the economic crisis far better than its counterparts. The company made a reported profit of of $702 million in the last quarter.

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