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Why Wall Street is fearful of more lending blow-ups

“I PROBABLY SHOULDN’T say this, but when you see one cockroach, there are probably more.” Jamie Dimon, boss of JPMorgan Chase, America’s biggest bank, offered a warning on October 14th that the recent blow-ups of Tricolor, an auto lender, and First Brands, a car-parts-maker, might not be the last problems faced by America’s credit market.

America’s rare earth delusion

Trump administration agrees to deliver more student loan forgiveness