It was a fantastic deal–for Jamie Dimon. The Fed had left Bear no negotiating power. “Buying a house,” Dimon told Congress, “is not the same as buying a house on fire.”
Fed Up by Danielle DiMartino Booth (pg. 114)
It was a fantastic deal–for Jamie Dimon. The Fed had left Bear no negotiating power. “Buying a house,” Dimon told Congress, “is not the same as buying a house on fire.”