The lawyers will make out in the long run. Mr. Dimon will also win. Real big.
No doubt Bear clients are fleeing faster than Bill Clinton headed for an intern.
Reminds me of the last days of Drexel Burnham Lambert. I was the last guy out the door in the LaJolla office in 1989. I think I still have the office key which I saved for posterity.
CEO & Partner, Parisian Family Office. Began Wall Street career in 1982. Founded investment firm, Native American Advisors, 1995. White Earth Chippewa, Tribal Member. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, TN farm, Pamelot or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
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