Friday, May 11, 2012

The Rats in JPMorgan's Granary Exposed JPMorgan Reveals Major Trading Loss Dimon Says It 'Could Get Worse' Mike Mayo Smacks With A Big Downgrade How Wall Street Layoffs Will Affect Housing Market Books $5.4 Billion Profit Boosted By Reserve Release DealBook Discloses $2 Losses to Pay 1.9M Damages Analyst Blog Chase It’s Crunchtime UK bank shares fall after loss disclosed Shock From Is New Fodder for Reformers acknowledges $2B trading Chase's Earnings Beat Expectations loses $800 million on trades Briefly Around the State + Nation reports Stock futures signal drop Acknowledges CEO $800M segment Flying Facebook Flag stock plunges

JPMorgan Chase: Don't Hit the Panic Button JPMorgan Chase's disclosure of a $2 billion second-quarter trading loss sets up a buying opportunity for long-term investors. JPMorgan Chase loss rattles markets U.S. stocks point to a lower open Friday on worries sparked by a $2 billion trading loss at banking giant JPMorgan Chase. JPMorgan Chase loses big in derivatives gamble The biggest bank in the US has squandered $2 billion (1.54 billion euros) in an investment aimed at profiting from the eurozone debt crisis. The mistaken gamble has thrust the regulation question back into the spotlight. JPMorgan Chase Discloses $2 Billion Trading Loss JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. JPMorgan Chase says it lost $2B in trading portfolio JPMorgan Chase, the largest bank in the U.S., said Thursday that it lost $2 billion in a trading portfolio designed to hedge against risks the company takes with its own money. The company's stock plunged more than 5% in late electronic trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. JPMorgan Chase loses $800 million on trades JPMorgan Chase, the largest bank in the U.S., said Thursday that it expects to lose $800million this quarter on complex investments made by its own traders. JPMorgan Chase acknowledges $2B trading loss JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks... JPMorgan Chase &Co - Form 10-Q (1Q 2012) Regulatory Announcement JPMorgan Chase ∓ Co. May 10, 2012 JPMorgan Chase ∓ Co. has submitted the following document to the National Storage Mechanism of the UK Listing Authority: • Quarterly Report ... JPMorgan Chase lost $2 billion since April JPMorgan Chase, in a surprise announcement, said Thursday that it has suffered trading losses of $2 billion since the start of April. JPMorgan Chase Loses $2 Billion In Risky Trades J.P. Morgan Chase reported $2 billion in losses over the last six weeks, and said there may be more to come. In a news conference shortly after the market closed Thursday, CEO Jamie Dimon said the losses stemmed from a credit default swap that was "poorly executed and poorly monitored."
Key Words: jpmorgan chase

References:
http://www.forbes.com/sites/stevedenning/2012/05/10/the-rats-in-jpmorgans-granary-exposed/
http://www.forbes.com/sites/steveschaefer/2012/05/10/jpmorgan-dives-after-hours-on-word-of-surprise-800-million-investment-loss/
http://www.forbes.com/sites/halahtouryalai/2012/05/04/mike-mayo-smacks-jpmorgan-with-a-big-downgrade/
http://www.forbes.com/sites/morganbrennan/2012/04/24/how-wall-street-layoffs-will-affect-the-housing-market/
http://www.forbes.com/sites/steveschaefer/2012/04/13/jpmorgan-books-5-4-billion-profit-boosted-by-reserve-release/
http://dealbook.nytimes.com/2012/05/10/jpmorgan-discloses-significant-losses-in-trading-group/
http://www.zacks.com/stock/news/74215/jpmorgan-to-pay-19m-in-damages
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http://www.courier-journal.com/article/20120510/BUSINESS/120510015/1003/rsslink
http://www.indystar.com/article/20120511/BUSINESS/205110330
http://www.indystar.com/article/20120511/BUSINESS/205110331
http://feeds.reuters.com/~r/reuters/businessNews/~3/oD9e-np6zQY/us-markets-stocks-idUSBRE8490K020120511
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http://hosted.ap.org/dynamic/stories/U/US_JPMORGAN_LOSS?SITE=RIPRJ&SECTION=HOME&TEMPLATE=DEFAULT
http://dealbook.nytimes.com/2012/05/04/flying-the-facebook-flag/
http://pixelhat.net/

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