Dimon at JP Morgan cited an old saying, if we have seen one cockroach, we will probably see more. The total assets of such loans could reach $1.4 T, while most bankers find it hard to wrap their minds around this. Some people thought Thursday's selloff was over reactions.
I see the government will pay more attention to monitoring financial institutions again.
With the tides going out, we are seeing who lacks their swimming trunks.