Dimon: US heading into 'bad recession' with financial threats akin to 2008 | TheHill

JPMorgan Chase chief executive Jamie Dimon predicted Monday that the U.S. is heading into a “bad recession” amid the coronavirus pandemic that would expose the bank to “billions of dollars of additional credit losses.” In his annual letter to Chase shareholders, Dimon warned that the U.S financial system would face levels of stress akin to 2007-08 crisis that derailed the global economy. ...
https://thehill.com/policy/finance/491373-dimon-us-heading-into-bad-recession-with-financial-threats-akin-to-2008