JPMorgan chief exec's role in Greece's return to markets

The meeting between Antonis Samaras and head of JPMorgan Jami Dimon during the former's trip to the U.S. last august was the one which essentially paved the way for the successful return of Greece to markets, according to BussinessWeek.

The magazine, which reveals the background of the Greek government's efforts and contacts with foreign investors in previous months, leads to this conclusion, citing unnamed sources with knowledge of the discussions which took place behind closed doors at the headquarters of JPMorgan in Manhattan.

The key point which activated the subsequent developments was the appointment with Greek-American chief executive of JPMorgan Jamie Dimon.
An appointment during which Dimon's assistance and JPMorgan's role in Greece's efforts was agreed, without knowing -of course- if there are any concessions made, besides the participation of JPMorgan in the issuance of bonds.

According to BusinessWeek, Dimon would work since then, with the Greek government for a plan to attract investors. The first and crucial step, as it turned out, was to organize a Roadshow, with the Prime Minister present, just one month later, in the United States.