How to Buy Distressed Banks

Jamie Diamond has purchased poor banks using that framework or more banks that are just completely in the distressed situation where it's you know they're picking it up for pennies on the dollar yeah I don't know how good the decisions to make the acquisitions of distressed banks of info JP Morgan or whether it really helped them or whether they should have done it from the company's perspective certainly with where a new workers building up what became city group and everything it's multiple arbitrage.