Seeking Alpha

CFO Douglas Braunstein is likely to leave his post at JPMorgan Chase (JPM) for a different one...

CFO Douglas Braunstein is likely to leave his post at JPMorgan Chase (JPM) for a different one at the bank, sources tell the WSJ. He lost some stature in a July shuffle and was scrutinized over the bank's CIO trading-loss mess when he (along with Jamie Dimon) dismissed news reports about the near-$6B loss.
Comments (1)
  • jstratt
    , contributor
    Comments (2341) | Send Message
     
    Interesting that JPM is higher today. I would not recommend buying a stock where the CFO is being replaced the day before earnings are released.

     

    I am not suggesting JPM will have bad earnings. Just that the risk is higher and it is not clear why one would choose to buy today.
    11 Oct 2012, 10:53 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|