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Posts Tagged ‘JP Morgan loss May 2012’

JP Morgan Whale: “Thar She Blows”

Posted by Larry Doyle on May 11th, 2012 6:02 AM |

Less than a month ago, JP Morgan released very solid 1st quarter 2012 earnings and put out the following release:

New York, April 13, 2012 РJPMorgan Chase & Co. (NYSE: JPM) today reported first-quarter 2012 net income of $5.4 billion, compared with net income of $5.6 billion in the first quarter of 2011. Earnings per share were $1.31, compared with $1.28 in the first quarter of 2011.

Jamie Dimon, Chairman and Chief Executive Officer, commented on financial results: (more…)

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