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Jamie Dimon Sees ‘Bad Recession’ and Echoes of 2008 Crisis Ahead

  • JPMorgan ‘cannot be immune’ from fallout of pandemic, CEO says
  • His abbreviated annual letter focuses on response to crisis
Jamie Dimon

Jamie Dimon

Photographer: Andrew Harrer/Bloomberg
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Jamie Dimon said the coronavirus pandemic will lead to a major economic downturn and stress mirroring the meltdown that nearly brought down the U.S. financial system in 2008.