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Fortune
Fortune
Christiaan Hetzner

Market rally remind JP Morgan’s Bob Michele of the calm before Lehman collapse

J.P. Morgan's Bob Michele manages $700 billion in investments. (Credit: Kholood Eid—Bloomberg/Getty Images)

It's often said those that don’t learn from history are doomed to repeat it—and JPMorgan’s chief investment officer thinks markets need to go on a history refresher course. 

Bob Michele, who is responsible for managing $700 billion in assets for the world’s most valuable bank, believes there are too many current parallels to the 2008 global financial crisis to simply dismiss the idea of a repeat out of hand. 

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