The impact of a Greek default on American banks would be negligible, JP
Morgan Chase CEO Jamie Dimon told CNBC on Thursday, and while there are
chances of a bad outcome in Europe, he is not concerned about unpleasant
surprises in the region.
"The direct impact of a Greek default is almost zero," Dimon said.
"The effect it has on the global economy will obviously filter down to the American banks too," he added, but although "there may be a surprise somewhere", he expressed little concern over such a development.
http://finance.yahoo.com/news/dimon-impact-greek-default-us-172333882.html?l=1
Then Why the WS media has been talking for months? Crazy.
"The direct impact of a Greek default is almost zero," Dimon said.
"The effect it has on the global economy will obviously filter down to the American banks too," he added, but although "there may be a surprise somewhere", he expressed little concern over such a development.
http://finance.yahoo.com/news/dimon-impact-greek-default-us-172333882.html?l=1
Then Why the WS media has been talking for months? Crazy.
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