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almenard97

almenard97
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  • Is JPMorgan Being Unfairly Singled Out? [View article]
    This nothing more than a ripoff of stockholders without any justification. I would spend another $20 Billion fighting Holder's gang of robbers until the Obama thieves have gone down to their just reward in the history books of the US: Robber Barons were reincarnated in the Obama Administration. Shame. Where is Due Process? Where is Justice? It's simply political extortion.
    Oct 12 03:55 AM | 6 Likes Like |Link to Comment
  • Litigation costs push JPMorgan into Q3 loss; shares gain [View news story]
    They are treating all this litigation noise in the media as an opportunity to clear the decks. The Feds (Holder) have a gun to JPM's head. So it's time to shed some potential liability by being as transparent as popssible. Most of this accrued expense is by it's nature non-recurring.

    On a going forward basis, this is an power house earnings behemoth. Once they get rid of the commodities businesses in energy,metals, and other non-core businesses, they will be printing earnings like the Fed is printing money.

    Their interest costs are de minimus. This is the new AT & T as long as Dimon hangs around. Should Dimon be forced out by the Washington jackals, that will be a tragedy for JPM stockholders as well as Wall Street in general.
    Oct 11 04:28 PM | 1 Like Like |Link to Comment
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