Nabwire wrote:But JP Morgan, how can the share be up almost 6% yet their trading losses estimates were found to be double what they initially reported...LOL!! Gotta love the bank hustle.
When Jamie Diamond reported the $2bn loss he indicated that losses could extend further upon review of all the trades..
Frankly the market was anticipating total trading losses of $7-8bn after unfolding.. So the $5.8bn loss must come as good news..
Mark 12:29
Deuteronomy 4:16