Dimon Says JPMorgan's Rivals Are Doing 'Dumb Things'
By BloombergJPMorgan CEO Jamie Dimon, when asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. "I see a couple people doing some dumb things," Dimon told investors on Monday. Bloomberg's Silas Brown reports.
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