6:26PM J.P. Morgan Chase to fire 4,000 invest bankers - report (JPM) by Luisa Beltran
J.P. Morgan Chase & Co. plans to lay off nearly 4,000 investment bankers from its investment banking group, Bloomberg News reported Friday, citing people familiar with the situation. Earlier this year, J.P. Morgan announced that 2,000 bankers would be laid off and CEO William Harrison had announced more cuts last week. However, Harrison did not give a final number. A J.P. Morgan (JPM) spokesman declined comment.
Richard W.
"The smart money already owns silver. Buffett bought his stake in 1997. He took delivery and then shipped it to safe keeping overseas"
.....hmm..why would Buffett ship it out of the U.S. for 'safekeeping'?...what's he worried about?..
Good luck to everybody!
Stonewalls