JPMorgan Chase & Co. (NYSE:JPM)

CAPS Rating: 3 out of 5

A financial holding Company whose activities are organized into six business segments: Investment Bank, Retail Financial Services, Card Services, Commercial Banking, Treasury & Securities Services and Asset Management.

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Player Avatar GundersonGroup (97.39) Submitted: 11/22/2011 5:35:42 PM : Underperform Start Price: $31.22 JPM Score: +0.46

So the FED has just announced a 2012 Stress Test for large banks in the United States. Fortunately the markets are more efficient than governments and have decided to do a 2011 Stress Test.

You can thank the boobs at the FED & Treasury, the bought Banking & Finance Committee chairs, nearly all Republicans AND Democrats for this lesson in what happens when you do not fulfill your responsibilities and stick your head in the sand.

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Member Avatar GundersonGroup (97.39) Submitted: 5/11/2012 2:15:08 PM
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Chase might actually be too big to bailout. The complete lack of risk controls caused by its CEO's pursuit of performance bonuses just might beach this whale.

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