JPMorgan Is Perfect, Too

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Photo: Mary-Louise Price; Photos: Getty Images, iStockphoto

Like Goldman Sachs, JPMorgan also had a perfect first quarter of 2010. They made an average of $118 million a day, or $5 million an hour, buying and selling crap in the markets excitingly destabilized from the crash, and did not lose money once. Unlike Goldman Sachs, however, they are unlikely to get a world of shit for it. Why? Well, for one: Look at that face! [FT]