Home › Forums › Financial Markets/Economics › OT: For all you investment gurus…Look on the bright side…You couldn’t possibly have done worse than JPMorgan/Chase :) › flu wrote:So…. JPM
[quote=flu]So….
JPM announced they are suspending their stock repurchase…..to preserve capital for the $2billion loss…
Or… because they know the stock is going to tank more….
http://finance.yahoo.com/news/jpmorgan-suspends-stock-repurchase-plans-141833976.html%5B/quote%5D According CNN, it’s $6-7B and growing now.