JPM's Loss Is Inexcusable
Tough moment. Three companies that are regarded IN THEIR OWN INDUSTRIES as being good companies (JPMorgan (JPM), Nordstrom (JWN) and Cisco (CSCO)) have all shocked people within 24 hours and the market's sure not set up for that.
JPMorgan was inexcusable. Jamie Dimon took his eye off the ball. It's a letdown. He let shareholders down. He should have unwound any position that could cause that kind of loss....292 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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