Actual misinformation. Dimon's bank was one of the strongest ones and wasn't making or wholesaling subprime mortgages. It was able to acquire Bear Stearns for less than the value of Bear's real estate owned.
Here are a couple sources if you are curious:
- https://www.rollingstone.com/politics/politics-news/the-9-bi...
- https://thedailybanter.com/2015/06/jp-morgan-ceo-who-stole-b...