Wall Street Shrugs as JPMorgan Trades Lop Off $27 Billion – Bloomberg

Newswires June 11, 2012 0 Comments

Wall Street Shrugs as JPMorgan Trades Lop Off $27 Billion
Bloomberg
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon plans to testify before Congress this week about his firm's $2 billion trading loss. His Wall Street colleagues don't understand why. “Occasional losses are inevitable,” said Blackstone …
Dimon heads to DC to explain JP Morgan $2B lossmsnbc.com

JPMorgan's Dimon to go to WashingtonChicago Tribune
JPMorgan's Jamie Dimon Heads to DCValueWalk
Santa Cruz Sentinel
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Tagged 2b, Amp, Blackstone, Bloomberg, Chicago Tribune, Chief Executive Officer, Colleagues, Congress, Jamie Dimon, Jp Morgan, Jpm, Jpmorgan Chase, Msnbc, News Articles, Occasional Losses, Santa Cruz Sentinel, Shrugs, Trades, Wall Street

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Chart Picks – Dipping Two Toes in the Meat Grinder

Yet again, whenever I pick a few shorts to add to the list, the market smacks me upside the head. Fool me once, shame on you, fool me twice, shame on me. It’s like our permabear friends, whose names I’ll withhold out of respect for the dead, who have been warning for 12 years that the market is about to crash. They will be right one day. Well, every few months I’ll see a few short picks that I like and add them to the list. We’ll probably keep losing money on them, but one day, I’ll be right. You’ll see! 😆

Wall Street Shrugs as JPMorgan Trades Lop Off $27 Billion – Bloomberg

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