The London Whale incident and credit-related fears fading, JPMorgan's (JPM) outlook is upgraded to Stable from Negative at S&P. The bank "has successfully addressed our concerns related to its Chief Investment Office losses, risk management practices, and governance issues ... missteps were isolated to the CIO unit and (the bank) has properly remediated them." [View news story]
"missteps were isolated to the CIO unit and (the bank) has properly remediated them."
"Let's start printing euros ourselves," former Italian PM Berlusconi tells party members. "Germany should leave the euro if it doesn't agree with the ECB serving as a lender of last resort." [View news story]
These europeans would be hilarious if they weren't going to ruin all of us.
A group of California students suggests equity offers the solution to high college tuition and the student debt issue. It suggests public universities - in lieu of charging tuition - take 5% of students' salary for the first 20 years after graduation. Isn't that called the state income tax? [View news story]
It would be interesting to see how the quality of the education provided changes when the college's future income depends on the future earning power of the students... unfortunately, I think the transition to such a system would be impossible.
The London Whale incident and credit-related fears fading, JPMorgan's (JPM) outlook is upgraded to Stable from Negative at S&P. The bank "has successfully addressed our concerns related to its Chief Investment Office losses, risk management practices, and governance issues ... missteps were isolated to the CIO unit and (the bank) has properly remediated them." [View news story]
... uh huh. Sure. I totally believe that, S&P.
"Let's start printing euros ourselves," former Italian PM Berlusconi tells party members. "Germany should leave the euro if it doesn't agree with the ECB serving as a lender of last resort." [View news story]
Beam (BEAM): Q1 EPS of $0.49 beats by $0.02. Revenue of $534M (+1.9% Y/Y) beats by $26M. (PR) [View news story]
Beam (BEAM): Q1 EPS of $0.49 beats by $0.02. Revenue of $534M (+1.9% Y/Y) beats by $26M. (PR) [View news story]
A group of California students suggests equity offers the solution to high college tuition and the student debt issue. It suggests public universities - in lieu of charging tuition - take 5% of students' salary for the first 20 years after graduation. Isn't that called the state income tax? [View news story]