Tuesday, May 13, 2008

JPMorgan chief warns of long, deep US recession

(NEW YORK) JPMorgan Chase & Co chairman and chief executive Jamie Dimon on Monday told bank investors that while the current credit market crunch may soon be over, the US economy could still face a deep and extended recession.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,279131,00.html?

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