Seeking Alpha

"This bank is anti-fragile, we actually benefit from downturns," says Jamie Dimon, speaking...

"This bank is anti-fragile, we actually benefit from downturns," says Jamie Dimon, speaking ahead of JPMorgan's (JPM) investor day (presentations and webcast). Still continuing to cut costs, the bank expects headcount reduction of 13-15K in its mortgage banking unit by the end of 2014. Shares +1% premarket.
From other sites
Comments (5)
  • pollyserial
    , contributor
    Comments (1092) | Send Message
     
    I'd be anti-fragile too, if 77% of my profits were a result of government subsidies. What gall.

     

    http://bit.ly/YVfkeT
    26 Feb 2013, 09:12 AM Reply Like
  • Gregor_MacGregor
    , contributor
    Comments (79) | Send Message
     
    Especially when its traders punt and loose a couple of billion....cuz after all Ben can always print more...
    26 Feb 2013, 09:14 AM Reply Like
  • hooya
    , contributor
    Comments (6) | Send Message
     
    results...results are all we want. and we're getting them...stock up...what's the complaint?
    26 Feb 2013, 10:02 AM Reply Like
  • Gregor_MacGregor
    , contributor
    Comments (79) | Send Message
     
    smugness is the problem...we'll see him hat in hand in year or two...
    26 Feb 2013, 11:14 AM Reply Like
  • philipmax
    , contributor
    Comments (263) | Send Message
     
    Bet Ya the layoffs will come from Washington Mutual veterans.
    26 Feb 2013, 08:49 PM 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