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Friday, April 12, 2013

JPMorgan Chase fails to impress Wall Street

Why was the market not impressed? If you dig deeper into the bank's profits, you'll find that $1.15 billion of the bank's $6.5 billion in net income came from releasing funds set aside to offset potential losses from faulty mortgage and credit card loans.

http://www.wcti12.com/news/money/JPMorgan-Chase-fails-to-impress-Wall-Street/-/13530342/19723538/-/bp0sa7/-/index.html

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