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I wonder if this is all just to protect Dimon’s ego. He was quoted saying he was unhappy that he was going to the office everyday and no one else was there. Or
by blackeyeblitzar 2y ago
I wonder if this is all just to protect Dimon’s ego. He was quoted saying he was unhappy that he was going to the office everyday and no one else was there. Or is it just to protect the value of their office buildings?
- ggm 2y ago> Or is it just to protect the value of their office buildings? I have a very strong belief it's the latter. Every corporate entity is doing wierd shit with Listed Property Trust investment on their own buildings, and if it can't rent refuse to rent below rate because it affects the asset value, and associated loan-to-value costs. Nobody wants to be the grown up admitting they bought at top of the peak and the office is worth 10x less. (fictional amount for illustrative purposes but I read that city buildings are selling way below buy cost)