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JP Morgan’s Jamie Dimon: Banking Crisis Not Over. He’s Right

Por: Forbes Business April 06, 2023

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Jamie Dimon optimistic, but says bank drama will last for years.Getty Images On March 13th, depositors were standing in line to return their cash. The year was 1933. Congress had passed the Emergency Banking Act, and President Franklin Roosevelt had used the powers it gave him to nudge the Federal Reserve to guarantee all deposits. Before that kicked in, he’d mandated a nationwide Bank Holiday to give people time to cool down. It worked. I’m... + full article



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