Preferred shares must be paid in order for commons to get paid any dividends, as soon as the company gets black numbers (IMO that will happen in 2014-2015) dividends will be paid.
I'm loving this at these prices, for the long term.
"In 2004, Dimon set a goal for JPMC to acquire the Washington
Mutual banking franchise and geographic market by any means
necessary. In the months and years that followed, JPMC developed
and executed an unlawful scheme designed to achieve this end"
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