2 billion lost By Chase....

[brownbrown]

Good job Chase

http://m.rollingstone.com/?redirurl...imon-j-p-morgan-chase-lose-2-billion-20120511


And people cry about Solyndra...

 

[youpissmeoff]

Good job Chase

Rolling Stone Mobile - Politics - Politics: Jamie's Cryin: Dimon, J.P. Morgan Chase Lose $2 Billion


And people cry about Solyndra...

Big difference 1) people invested in Chase willingly 2) private not public 3) they will make that money back many times over.

 

[nangiggles]

I bank there... not exclusively though

 

[brownbrown]

Big difference 1) people invested in Chase willingly 2) private not public 3) they will make that money back many times over.

Tarp wasnt willing, Federally backed loans for them to do this shit, they're expecting a loss of 1 billion next quarter also

 

[mrplunkey]

This is a wonderful thing. A bank made a bad bet and lost -- yet Barry didn't rush to bail them out.

I give points to Chase for not whining for welfare and points to Barry for not offering.

And think about the happy investors who bet against Chase. They've got a fresh $2B dollars! Good for them as well.

Capitalism works.

 

[PICK3]

This is a wonderful thing. A bank made a bad bet and lost -- yet Barry didn't rush to bail them out.

I give points to Chase for not whining for welfare and points to Barry for not offering.

And think about the happy investors who bet against Chase. They've got a fresh $2B dollars! Good for them as well.

Capitalism works.

and the 401k plans that were loaded towards Chase predicktions ... well those folks will just need Plunkey dollar supplements

 

[mrplunkey]

and the 401k plans that were loaded towards Chase predicktions ... well those folks will just need Plunkey dollar supplements

401(k)'s with Chase funds will bounce back over time.

Plus, they should be properly diversified anyway.

 

[PICK3]

Plus, they should be properly diversified anyway.

irregardless of the short cumings of teh plan

it's always comforting to know Plunkey dollars are there to back you up





just sayin'

 

[EarthRider]

balee dat

i love plunks money

 

[PICK3]

Good job Chase

^^^
agreed

The CEO emphasized that the bank remains profitable despite the trading loss. “While we don’t give overall earnings guidance and we are not confirming current analyst estimates, if you did adjust current analyst estimates for the loss, we still earned approximately $4 billion after-tax this quarter"

Dimon in the Rough: Ed’s Daily Notes for May 11th Ed's Talking Stock