"The opportunities for JPMorgan Chase over the next 20 years will equal — or maybe even surpass — those of the last 20 years."
- Jamie Dimon, JPMorgan Chase CEO in his annual letter to shareholders. Below, the future may be looking bright for JPM, but the present isn't looking too bad for Dimon either.
Market Headlines (via Robert Hum)
Dow, S&P have 2nd worst day of 2012
Nasdaq has worst day of year
Highest number of new 52-week lows at NYSE and Nasdaq this year
Gold touches lowest level since January 10
CBOE Gold Index (.GOX) hits 2-year low
Crude oil hits 1.5-month low
What People Are Talking About Tonight
JPMORGAN'S DIMON: MORTGAGE WOES STILL HIT EARNINGS /CNBC.com — Margo Beller: "Last year was a good one for JPMorgan Chase earnings but it would've been even better had the bank not been hit with mortgage-related losses, CEO Jamie Dimon told investors in his annual letter, released Wednesday. "Your company earned a record $19 billion in 2011, up 9 percent from the record earnings of $17.4 billion in 2010," the JPMorgan executive wrote."
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