What summarizes JP Morgan Chase conference
call below best:
A) Hubris
B) Greed
C) Stupidity
D) Moral Hazard
E) All of the above?
Listen to the entire conference call:http://bit.ly/KTZCIj
According to JPMorgan Chase conference call, JP Morgan Chase lost $2 billion in 6
weeks. Dimon stated there will be more losses in next quarters.
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