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JPM
JPM
JPMorgan Chase & Co.
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JPM
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0.61
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From the Wires...
JPMorgan Trading Loss May Reach $9 Billion - NYTimes.com
dealbook.nytimes.com/.../?hp
Francisco Logan 6/28/12 9:05 AM
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%
Francisco Logan from San Antonio
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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