Subject: Re: Securitization and derivatives
This shows that the risk is concentrated in a few banks.
JPMorgan Chase Bank, N.A.
Citibank, N.A.
Goldman Sachs Bank USA
Bank of America, N.A.
Jamie Dimon is everyone's favorite punching bag, but he got to where he is by being conservative. When the GFC hit, JP Morgan was on sound footing and was able to scoop up the weak actors.