Big money coming in to buy the spoils on the cheap.
Jamie Dimon: $100M investment in Detroit isn't a JPMorgan Chase PR campaign
"The cynic would be wrong," Dimon told Lauer when asked if the investment was in response to a $13 billion fine levied against the company in an exclusive interview.
"We invest and develop communities around the world. And we've been doing this since our heritage started 200 years ago," said Dimon. "So that's what banks do. They do it commercially. They do community development."
more:
http://www.today.com/money/jamie-dimon-100m-investment-detroit-isnt-jpmorgan-chase-pr-campaign-2D79695458

DO SOMETHING!