CNBC/Jesse Pound/4-4-2023
“Any crisis that damages Americans’ trust in their banks damages all banks – a fact that was known even before this crisis. While it is true that this bank crisis ‘benefited’ larger banks due to the inflow of deposits they received from smaller institutions, the notion that this meltdown was good for them in any way is absurd.” – Jamie Dimon, JPMorgan
USAGOLD note: Dimon issues a wake-up call……There’s more to the current banking crisis than meets the eye.
