JPM CEO Says “System Is Very, Very Sound” After Second Largest US Bank Failure In History

By Tyler Durden

Update (0835ET):  After another massive bank failure – and taxpayer-funded bailout – JPMorgan CEO Jamie Dimon told listeners on an investor call this morning that “The system is very, very sound.”

Doesn’t seem like it Jamie, old chap?

But hey, whatever you say now as the CEO of a bank that holds over 10% of America’s deposits.

Read Full Article Here…(zerohedge.com)

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