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JPMorgan’s other shoe drops

Started by Joelle, April 17, 2008, 02:00:26 PM

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Joelle

JPMorgan’s other shoe drops
      


Our profits beat estimates, we think the credit crisis is working itself out, and oh, did we mention we’re quietly raising $6 billion in new capital? After quarterly results that soothed the market and predictions that the credit crunch was close to ending, JPMorgan prompted more than a bit of head-scratching when it announced Wednesday [...]
         

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