J.P. Morgan should look at the property market by

J.P. Morgan and it's future

In brief: Let's rememder Fannie Mae and Freddie Mac.

President and CEO JP Morgan Chase & Co. (JPM) Jamie Dimon said that the U.S. should rethink the financing of the housing market. Dimon, speaking Thursday in Chicago, criticized various aspects of public policy, adding that no paneer fight for any political post.

“We need to rethink the financing of the housing market” – he said after the speech, answering the question whether we should, in his opinion, to liquidate the company Fannie Mae (FNM) and Freddie Mac (FRE).

Dimon noted that 80% supported the proposed reform of financial regulation. However, he again spoke against the creation of a specialized structure on consumer protection and criticized the immigration policies that prevent recruitment abroad.

Ukrainian Globalist
2010-04-22 21:35, Economics.

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