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JPMorgan Chase's (JPM -2.8%) better than expected Q1 had analysts asking whether it might use a...

JPMorgan Chase's (JPM -2.8%) better than expected Q1 had analysts asking whether it might use a special dividend to return capital, but Jamie Dimon shot down the idea, saying the possibility was "off the table" since the bank doesn't yet know the final shape of new capital requirements. "No bank is so strong that it should throw caution to the wind," David Reilly writes.
Comments (2)
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    I like that Dimon threw cold water on the special dividend.
    14 Apr 2012, 10:21 AM Reply Like
  • Zanalyst
    , contributor
    Comments (78) | Send Message
     
    Actually, it's BB who nixes or allows any special dividend - Jamie just likes for folks to think he's in control of JPM's capital. Investors like the "Jamie's in control" delusion as well - notwithstanding the obvious.
    14 Apr 2012, 10:53 PM Reply Like
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