5min chapter

The Compound and Friends cover image

Yes, This Is a Bailout of Credit Suisse

The Compound and Friends

CHAPTER

Is That Your Coinage?

Jamie Diamond feels very resentful about not being hailed as a hero for having taken over Bear Stearns and WAMU. The Fed took care of tens of billions of bad loans in Bear, I feel like it was 30 billion. Jamie Dimon has emerged the solid winner at JP Morgan. He's become a billionaire. Same with Blankline. Something like that became I think a billionaire.

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