JPMorgan (JPM) Will Be Just Fine After Fine

The media needs to quit making a big deal out of JPMorgan’s (JPM) record $13B fine. The fact that it’s the biggest fine in history means little to a firm that reported $21B in net income in 2012 and $471B in cash on hand. Only $2B will be a cash payout; the rest is the [...] View the full post at: JPMorgan (JPM) Will Be Just Fine After Fine Related posts: Lehman Insider’s Letter Warned About Violating Code of Ethics On WaMu’s Birthday, JPMorgan Takes the Cake NYSE, SEC Fine Goldman $450,000