1.0 link 101405 <![CDATA[JPMorgan Chase CEO: Recession Just Beginning]]> http://www.huffingtonpost.com/2008/05/12/jpmorgan-chase-ceo-recess_n_101405.html NEW YORK &mdash; JPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning.

"Even if the capital markets crisis resolves, it does not mean that this country will not go into a bad recession," said CEO James Dimon, whose bank saw its first-quarter profit fall by half due to the recent collapse of the U.S. mortgage market. "The recession just started."

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