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Post# of 729633
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kevins131

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kevins131

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Friday, 04/13/2012 7:33:26 AM

Friday, April 13, 2012 7:33:26 AM

Post# of 729633
JPM posts big increase in earnings based on WaMu Bankrupcty Settlement.

The analyst for Sandler-Oneil just stated that JPM earnings are way up based on WaMu bankruptcy settlement. I guess it looks like JPM is finally going to recognize the billions in assets they stole from WaMu that the judge handed over. In addition, they reduced their litigation reserve by another $2.5B since that walked away free of charge.
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