Top Bankster: Be Prepared for Greek Exit From Euro
“We must be prepared for a potential exit,” J. P. Motgan Chief Executive Officer Jamie Dimon said. in his annual letter to shareholders. “We continually stress test our company for possible repercussions resulting from such an event.”
Dimon highlighted what he said could be the eventual positive side of a Greek departure, following a period of “initial turmoil.”
It is possible that an exit would “prompt greater structural reform efforts by countries that remain,” he wrote.