Dimon always seems to have his hands in everything. Are the regulators regulating or facilitating? Irregardless Dimon continues to position JP Morgan as too big to fail. Either that, or they will be the last man standing!
Two questions: are the holders of the common stock, preferred stock, and other liabilities taking a complete loss, with no recourse? And did JPMorgan get a sweet enough deal to incentivize big banks to manipulate more of such deals?
Good analysis. Thanks! I don’t know if you’ve seen this or not, but the FDIC is considering tinkering with deposit insurance. One option is unlimited coverage of deposits.
JPMorgan Buys First Republic. The End Of The Bank Crisis?
Good analysis as usual and will be linking today as usual @https://nothingnewunderthesun2016.com/
Dimon always seems to have his hands in everything. Are the regulators regulating or facilitating? Irregardless Dimon continues to position JP Morgan as too big to fail. Either that, or they will be the last man standing!
Two questions: are the holders of the common stock, preferred stock, and other liabilities taking a complete loss, with no recourse? And did JPMorgan get a sweet enough deal to incentivize big banks to manipulate more of such deals?
Good analysis. Thanks! I don’t know if you’ve seen this or not, but the FDIC is considering tinkering with deposit insurance. One option is unlimited coverage of deposits.
https://www.fdic.gov/analysis/options-deposit-insurance-reforms/index.html
As usual, I salute your brilliant explanation of the problem.