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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (367475)5/5/2008 8:39:46 PM
From: Secret_Agent_Man  Read Replies (2) of 436258
 
JPMorgan says no near end to financial crisis: report

FRANKFURT (Reuters) - JPMorgan Chase & Co (JPM.N: Quote, Profile, Research) does not expect the U.S. financial crisis to end soon and will remain very cautious, its top executive said in comments published by a German weekly on Saturday.

"We can only speculate how deep and how long the recession in the United States will really be and how that in turn will impact banks," James Dimon told "Welt am Sonntag".

reuters.com
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