Nor a very good stock trader in general.
It also restated its earnings for last quarter.
The bank can't tell us why it has fenced off a piece of Lower Manhattan.
$9 billion? $5 billion? What's the difference?
He wore them to his House hearing today. This guy.
That's what losing more than $2 billion will do.
The report also says the losses could total as much as $5 billion.
As previously speculated.
Some investors aren't taking that $2 billion misstep so well.
It's just not a good time, okay?
The CEO's pay package was approved, but probably before the bank announced its huge loss.
The fallout from the $2 billion loss isn't over yet.
The SEC and Carl Levin are the latest to join the JPMorgan pile-on.
He's the man responsible for $2 billion in losses so far.