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JPMorgan Conference Call
JPMorgan Conference Call
Update: see bottom of post for Q&A.; "While we seeing some initial signs of consumer credit stability, we are not certain that this trend will continue." JPMorgan CEO Jamie Dimon, Oct 14, 2009 A few excerpts (ht Brian): CEO Jamie Dimon: “We continue to see initial signs of stability in the ...
Who is Carlos Slim?
baselinescenario.com — The US increasingly displays characteristics that we have seen many times in middle-income “emerging markets” – new... dimensions of vast inequality, forms of financial instability that benefit the best connected, and consistently easy credit for the privileged. But this raises the question: who ... (more) Who is Carlos Slim?
Huge profits put Goldman on track for pay bonanza
telegraph.co.uk — Goldman Sachs is set to unveil huge profits putting it on track to award as much as... 22bn £13.7bn in pay and bonuses. (more) Huge profits put Goldman on track for pay bonanza
Wednesday Rally - INTC and JPM’s Piles of Chips
Wednesday Rally - INTC and JPM’s Piles of Chips
philstockworld.com — 82 cents a share for JPM ! That is a crushing beat of the 51 cents expected... by analysts, who have been playing expectations catch-up for over a month, trying to get a handle on this quarter’s earnings.  JPM’s earnings are more exciting than GS’s earnings as ... (more) Wednesday Rally - INTC and JPM’s Piles of Chips
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approaching the double dip
Decline and Fall of Western Civilization — ... . notably, via calculated risk, JPM highlighted continuing increases in loan loss reserving as they see weakness in their prime conforming mortgage portfolio -- a trend mckinsey and others obvious expect to continue. ...

Further reading
FT Alphaville — Elsewhere on Thursday, - “We’re screwed if just one central bank makes an error.” - Highlights from the JP Morgan conference call. - The Dow and big numbers . - “If you really want to know why the financial system nearly collapsed in the fall of 2008, I can tell you in one simple sentence .” - More on Wall Street smarts . - All IPOs by Friday please. - Two views : Blame it on Beijing, or joint determination. - Ireland ’s slow motion fiscal crisis. - “ Credit rating is a case study in regulatory reform.” - ...

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