Sunday, February 28, 2010

Forget About Greece, Beware the Coming California Contagion

Mr Dimon told investors at the Wall Street bank’s annual meeting that “there could be contagion” if a state the size of California, the biggest of the United States, had problems making debt repayments.

California is a greater risk than Greece, warns JP Morgan chief

Via Drudge.

Posted by John Venlet on 02/28 at 10:55 AM
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