JM: And you mentioned Bear Stearns and WaMu. Which was worse, between the two?
JD: We got a lot of excellent people and businesses from Bear and WaMu. But Bear definitely was more painful. WaMu got us into Florida, California, and other states, which was a huge benefit—to expand and grow and add middle-market, private banking, investment banking, and other products, too. But Bear, I mean, that was a huge amount of work. We had 1,000 people working around the clock for six months, selling and hedging securities in a rough market and merging all the systems and people. I mean, people worked.
And we got great people, as I said. I don’t want anyone from Bear Stearns to say, “Jamie hates Bear.” No, some of the best people in this company came from Bear. But, boy, we’ve paid a price that’s way beyond anything I could have imagined. I would say up to $20 billion in total. The additional costs have been so high at this point, and the damage to our reputation—in hindsight, we made a mistake agreeing to do it. This company would have had a lot less reputational damage if we weren’t involved in those two deals, even though we value our people and did them at the urging of our government.
Fonte: Bloomberg, 2016
Naquela entrevista do Jamie Dimon à Bloomberg que vos recomendei, ele fala de como o JP Morgan fez um péssimo negócio ao concordar em comprar Washington Mutual e Bear Stearns durante a crise financeira. Foi duro absorver as perdas dessas duas entidades, e danificou a reputação do JP Morgan Chase, mas depois diz que foi feito a pedido do governo americano -- foi pelo bem dos EUA, os interesses nacionais sobrepuseram-se aos interesses privados. Portugal, reduzido a bancos estrangeiros, nunca estará numa situação dessas. Nunca nenhum banco se irá sacrificar pelo país; pelo contrário, os contribuintes portugueses serão sempre sacrificados a favor de bancos estrangeiros.