Saturday, February 27, 2010

California is a greater risk than Greece, warns JP Morgan chief

Jamie Dimon, chairman of JP Morgan Chase, has warned American investors should be more worried about the risk of default of the state of California than of Greece's current debt woes.

Full article at The Torygraph

Wasn't Glenn Milne going on just a few months ago about how wonderful California was as it led us into a future of green jobs and whatnot?

Posted via email from Garth's posterous

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