Interesting days for JP Morgan Chase, if you ask me. On the financial front, things look pretty good. They just reported another profitable quarter, $3.3 billion in profits, up 55% from last year at this time. Sure, last year was bad for awhile, but no one scoffs much as that type of profit number. They’ve [...]
Posted on April 15th, 2010 in banking
Tags: bank profits, credit cards, investment banks, Jamie Dimon, JP Morgan Chase, mortgages, protest, Syracuse University
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Posted on April 06th, 2010 in housing markets
In what has to be a move to help them stave off some state attorneys general, as well as boost up some good publicity for a change, Bank of America is forgiving around $3 billion in debt owed them via bad home loans and people who are going through foreclosures. The amount comes to 30% [...]
