“When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.”
Quote by Duff McDonald
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Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase
This book explores the career of Jamie Dimon, CEO of JPMorgan Chase, and the strategic decisions that have shaped the bank's growth and resilience in the financial industry. more
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“Deposit insurance has proved to be the crack cocaine of American finance.”
Source: The Greatest-Ever Bank Robbery: The Collapse of the Savings and Loan Industry
Source: Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase
