- This is a guest post by Paul B. Carroll, the coauthor of "Billion-Dollar Lessons: What You Can Learn From The Most Inexcusable Business Failures Of The Last 25 Years. (Forbes)
- WASHINGTON — JPMorgan Chase faced intense criticism Friday for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk. (Dallas Morning News)
- Something goes wrong. Dealing with adversity is crucial to investment success. Tonight we have an informative case study in JP Morgan Chase (JPM), a company that I have cited favorably several times and include in my flagship investment program. (Seekingalpha.com)
- "In other words, JP Morgan Chase — entirely without any help from the government — has lost in this one set of transactions five times the amount they claim financial regulation is costing them," Frank said. (Boston Herald)
- The City trader at the centre of a $2bn trading loss at JP Morgan Chase had returned to his home in Paris on Friday as the repercussions of the loss spread across the markets. (The Guardian)
- Jamie Dimon and JP Morgan Chase just proved what anyone not getting a paycheck from a Wall Street bank already knows: gigantic too-big-to-fail banks are too-big-to-manage, he added. (Huffington Post)
- NEW YORK -(Dow Jones)- U.S. stock futures extended losses slightly following the release of wholesale inflation data, with the news of massive trading losses at J.P. Morgan Chase continuing to weigh heavily on investor sentiment. (Smart Money)
- NEW YORK -(Dow Jones)- U.S. stock futures fell Friday morning as the news of massive trading losses at J.P. Morgan Chase shook investor confidence ahead of inflation and consumer sentiment data. (NASDAQ)
- NEW YORK (Dow Jones)--J.P. Morgan Chase Co. (Wall Street Journal)
Friday, May 11, 2012
Jp morgan chase
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