Free Republic 4th Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $71,687
84%  
Woo hoo!! And now less than $13.4k to go!! We can do this. Thank you all very much!!

Keyword: bigloss

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  • POLITICO Live: Driving the Day with Newt Gingrich (27 min video interview.)

    07/24/2012 7:38:01 PM PDT · by BCrago66 · 4 replies
    Politico ^ | 7/24/12 | Newt Gingrich
    Former Speaker of the House and presidential candidate Newt Gingrich joins Mike Allen and Jim VandeHei for POLITICO Live's Driving the Day.
  • JPMorgan Chase acknowledges $2B loss in trading portfolio

    05/10/2012 8:58:15 PM PDT · by Olog-hai · 33 replies
    New York Daily News ^ | Thursday, May 10, 2012, 11:34 PM | (Via Associated Press)
    JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. The company’s stock plunged almost 7% in after-hours trading after the loss was announced. Other bank stocks, including Citigroup and Bank of America, suffered heavy losses as well. “The portfolio has proved to be riskier, more volatile and less effective as an economic hedge than we thought,” CEO Jamie Dimon told reporters. “There were many errors, sloppiness and bad judgment.” The trading loss...