JPMorgan’s Profit Soars Despite Downturn

Courtesy NYT > Business  Thu, 07/16/2009 - 05:40

JP Morgan Chase’s $2.7 billion profit from stellar trading and investment banking results may put to rest worries that the bank was allowed to pay back the government too early.


 

Related items

Bonus Packages Vs TARP Amount: Banks Win (INFOGRAPHIC)
The numbers are mind boggling: Goldman Sachs, for instance earned $US2.3 billion, paid out $US4.8 billion in bonuses and received $US10 billion in TARP funding, while JP Morgan Chase earned...

Jobless Rate Down to 9.7%; 20,000 Jobs Lost in...
Revisions to earlier months’ data show a downturn deeper than had been thought, raising concern that a recovery would be slow to come.

Ray of hope clouded by 8.4 million jobless
The government’s report on the January job market offered fresh hope that the economy is  pulling out of its worst downturn since the Great Depression. But it will be a long climb.

HP 02 Black Twin Pack Ink Cartridge with Vivera Ink
Double up on HP 02 black cartridges - which feature patented, dye-based ink for superior photos - and you'll save 8% over the cost of purchasing two individually.

Brother MFC-8860DN Flatbed Laser Multi-Function...
For that small office or medical practice, Brother Multifunction centers save space and costs so you can maximize on productivity and growth. The MFC-8860DN offers every function and feature...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com