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JPM JPMorgan Chase & Co. Research
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JPM 53.63
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JPM: JPMorgan trading loss may reach $9 billion
Opened $34.99 6/28/12 Target $32.73 (-6.5%) by 9/28/12 Made -13.6%
NYTimes' Dealbook reports that losses on JPM's complicated credit derivative bet gone awry may reach $9B.  Apparently they have sold off about half the position and things could still move in their favor. continue

Considered By
Francisco Logan
Blog JPM now
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