Dimon: Housing mess relief a year away
"it looks to me, [recession is] what we're in right now, JPMorgan Chase chairman and CEO James Dimon said.
The clean-up of the subprime mortgage loans crisis is almost halfway done, but U.S. home prices likely will continue to decline for at least another year, JPMorgan Chase & Co. chairman and chief executive James Dimon said, according to a MarketWatch report.
Asked if the U.S. is in a recession, he s
Learn more about reprints and licensing for this article.