[tcrlaf]

WHAT??? How can this be??? They just passed the Fed Stress Test with flying colors?! Who knew those big bets on Greek Bonds might go bad? The EU/FED was going to make everybody good, right?

LORDY, LORDY, PRAISE THE MESSIAH! It's a good thing the Obama economy is so strong, and we won't need QE3! (OOPS)

[Theoria]

This will be another AIG type disaster. Our banks will ‘need’ help because European ones owe them. The open market will close up again, because no one trust another for good reason. Enter Uncle Ben to the rescue.

[stephenjohnbanker]

Mark to market....LOL!

[elpadre]

keep their filthy mitts out of the taxpayer cookie jar!!!!

[forgotten man]

How is the SP500 futures market doing right now?

[the invisib1e hand]

hunh. I had to double check the date on this. I'm sure I expressed marvel that JPM had managed to be a Citi clone without suffering Citi's fate. But that was a long time ago and I gave up on it.

I have a feeling that the Obama admin will say, "drop dead, Jamie!" and that means that Tim can parcel it up to his buddies like they did with Bear.

[liberalh8ter]

Bfl

[Vendome]

Hmmm.....

[Vince Ferrer]

We need a preemptive Tea Party press release, No Bailouts!

[Arrowhead1952]

0 bummer's answer

Too
Big
To
Fail

[shatcher]

I have to plead ignorance. The whole article is Greek to me. Please translate.

[familyop]

The noise should bring gas prices down a whole dime or so. Tourists, laden with government incomes, will all drive out at once to spend their debt in our “service economy” and elicit more loans from Uncle Jintao. Keep the USD artificially high for our idle political regulator class. Have fun. Enjoy the slide. Don’t mention our lack of manufacturing.

[OldNewYork]

This seems to me like the biggest news all day, all week, bigger than anything on breaking news. Am I wrong, right? The repercussions of this would affect all other stories.

[Neidermeyer]

conference call shortcut .. http://bit.ly/KTDygZ

[FReepaholic]

Time to dust this one off:

Jump You F*#kers

[LRoggy]

You guys prove there is a sucker born every minute. In 2011 JPM netted nearly $17 billion in profit. Even the high end number of $4.2 billion is a fraction of last year's net.

Do a LITTLE homework before you post about bailouts and Armageddon.

[Grampa Dave]

JPM closed with a .25% gain.

Then at 4:02, it was down $2.79 or 6.85%.

JPMorgan Chase & Co. JPM-NYSE 40.74 0.10(0.25%).

4:02PM EDT|After Hours: 37.95 2.79 (6.85%) 6:45PM EDT - Nasdaq Real Time Price.

How may investors not in on the reality bought JPM before it started to head down south?

[mongo141]

Well I hope I don't get screwed in the process. That Outfit sits on the Va backed mortgage to my house and property. Payments are current and always have been and I have dropped below the point where I don't have PMI (private Mortgage Ins. anymore. JP has been sending me second day air (UPS letter) wanting me refinance because they will give me a 2 point better rate for “FREE” there is no such thing as a “free lunch”, In the trash it goes. When that doesn't work they call, I ignore them. Seems that they want to put the loan back to 30 years so they can make more money. They don't say that up front but it isn't too hard to figure out their scam. F them!

[CaptainK]

On Fox right now. Big concerns . Maybe up to 4.2 Billion. JP Morgan was considered the safest bank.

[Revel]

JPM and GS are two banks with friends in very high places. Like how about the treasury and the FED and the SEC, and Congress and on and on. Does anyone think that JPM will not get whatever they need from the US tax payer via the back door. They all have been right along.

[soycd]

Meanwhile the kenyan muslim in chief is giving billions to his muzzy brotherhood and paliscum terrorists.