JPMorgan Chase: $9.2 Billion, Maybe, For Whatever

The punitive costs paid by JPMorgan will, however, continue to grow, if not through settlements than through other expenses.

$9.2 billion, maybe, for whatever (via The Economist)

JPMORGAN CHASE managed to remain profitable throughout the financial crisis and performed unusually well in the dry period that followed, but a quarterly loss it reported on October 11th reflected a variable even it could not control: government litigation…

 

About Diane Sweet

Diane Sweet's picture
Senior Editor, Lives in a gerrymandered district in Michigan.

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