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…